Capital Consulting Company had 390,000 shares of common stock outstanding on December 31, 2017. On that date, there were also 4,900 shares of $100 par, 7% noncumulative preferred stock outstanding. On March 1, 2018, the company's common stock split 2-for-1. On December 15, 2018, a preferred dividend was declared and paid in the amount of $24,000. Net income for 2018 was $2,900,000. Required: Compute basic earnings per share for the year ended December 31, 2018.

Almost 80% of business owners are clueless about the competition, resulting in a) lost market share and customers. b) needless lawsuits. c) uninspired products. d) lack of perseverance

Explain whether each of the following events increases, decreases, or has no effect on the unemployment rate and the labor-force participation rate. a. after a long search, jon finds a job. b. tyrion, a full-time college student, graduates and is immediately employed. c. after an unsuccessful job search, arya gives up looking and retires. d. daenerys quits her job to become a stay-at-home mom. e. sansa has a birthday, becomes an adult, but has no interest in working. f. jaime has a birthday, becomes an adult, and starts looking for a job. g. cersei dies while enjoying retirement. h. jorah dies working long hours at the office.

Which of the following would not generally be a motive for a firm to hold inventories? a. to decouple or separate parts of the production process b. to provide a stock of goods that will provide a selection for customers c. to take advantage of quantity discounts d. to minimize holding costs e. all of the above are functions of inventory.