The alford group had 290,000 shares of common stock outstanding at january 1, 2018. the following activities affected common shares during the year. there are no potential common shares outstanding. 2018 feb. 28 purchased 15,000 shares of treasury stock. oct. 31 sold the treasury shares purchased on february 28. nov. 30 issued 60,000 new shares. dec. 31 net income for 2018 is $1,140,000. 2019 jan. 15 declared and issued a 2-for-1 stock split. dec. 31 net income for 2019 is $1,140,000. required: 1. determine the 2018 eps. 2. determine the 2019 eps. 3. at what amount will the 2018 eps be presented in the 2019 comparative financial statements?

The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out

When a shortage or a surplus arises in the loanable funds market a. the supply of loanable funds changes to return the economy to its original real interest rate b. the nominal interest rate is pulled to the new equilibrium level c. the demand for loanable funds changes to return the economy to its original real interest rate d. the real interest rate is pulled to the new equilibrium level

The cost of labor is significantly lower in many countries than in the united states. if you move manufacturing to a facility to a country labeled as part of the axis of evil and a threat to world peace you will increase the net income of your client by $10 million per the facility is located in a country which limits personal freedom and engages in state sponsored terrorism. imagine you are a marketing consultant. (a) what would you tell the executives to do? (b) what are the alternatives? what are your recommendations? why do you recommend this course of action?