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m_a_m_a [10]
3 years ago
8

On December 31, 2012, Albacore Company had 300,000 shares of common stock issued and outstanding. Albacore issued a 10% stock di

vidend on June 30, 2013. On September 30, 2013, 12,000 shares of common stock were reacquired as treasury stock.
What is the appropriate number of shares to be used in the basic earnings per share computation for 2013?A. 303,000.B. 342,000.C. 312,000.D. 327,000.
Business
1 answer:
slamgirl [31]3 years ago
6 0

Answer:

Option (D) 327,000

Explanation:

Data provided in the question:

Shares of common stock issued and outstanding = 300,000

Stock dividend issued = 10%

Shares of common stock reacquired as treasury stock = 12,000

Duration from June 30, 2013 to September 30, 2013 = 3 months

= 0.25 years

Now,

Appropriate number of shares to be used in the basic earnings per share computation for 2013 will be

= [ 300,000 × ( 1 + 0.10 ) ] - [ 12,000 × 0.25 ]

= 330,000 - 3,000

= 327,000

Hence,

Option (D) 327,000

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Answer: Savings accounts

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A customer browses through several online retail sites and examines product descriptions of several different styles and brands
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3 years ago
What is the primary responsibility of oversight bodies (such as an irb or iacuc)?
mojhsa [17]

The primary responsibility of oversight bodies (such as an IRB or IACUC) is to assess legal-regulatory compliance, and if applicable, to protect research subjects.

Responsibility can also be used to describe Group responsibility. societal accountability for businesses. Duty. obligation to pay.

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3 0
1 year ago
Services are _____ in that they cannot be stored for use in the future.
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I hope the answer will help you. 
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3 years ago
Pete's Market is a small local grocery store with only one checkout counter. Assume that shoppers arrive at the checkout lane ac
levacccp [35]

Answer:

How did Carter plan to achieve his goals regarding the hostages?

Check all of the boxes that apply.

Convince Iran that the real danger was the Soviet Union, not the United States.

Team up with Iraq to invade Iran.

Get help from other countries to express disapproval of Iran’s actions.

Send many troops in to free the hostages at any cost.

Explanation:

How did Carter plan to achieve his goals regarding the hostages?

Check all of the boxes that apply.

Convince Iran that the real danger was the Soviet Union, not the United States.

Team up with Iraq to invade Iran.

Get help from other countries to express disapproval of Iran’s actions.

Send many troops in to free the hostages at any cost.

5 0
2 years ago
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