1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zloy xaker [14]
3 years ago
14

On December 31, 2017, Beta Company had 320,000 shares of common stock issued and outstanding. Beta issued a 7% stock dividend on

June 30, 2018. On September 30, 2018, 30,000 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 2018?
Business
1 answer:
wel3 years ago
5 0

Answer:

334,900  shares

Explanation:

The appropriate number of shares to be used in basic earnings per share computation is the opening balance of common stock issued and outstanding adjusted for stock dividend since stock dividend is meant to be treated as if it has always been part of the issued and outstanding shares.

The shares reacquired appropriately adjusted for timing of reacquisition should be deducted from the figure gotten from the above computation.

Issued and outstanding shares(adjusted for stock dividend) 320000*1.07=342400

minus the reacquired shares=30000*3/12=7500

weighted average number of shares=342,400-7500=334900

You might be interested in
Zoom In, Inc. is engaged in the business of coding, with an emphasis on Internet marketing, business apps, and intra-corporate n
-BARSIC- [3]

Answer:

Option A. The U.S. Constitution.

Explanation:

The reason is that the US constitution provides the basic framework for the laws to be formulated and passed both in the US National Assembly and the Senate. The laws cannot be formulated if the US constitution doesn't allows the passing of the law which means that the constitution must be amended first. When the slavery was to be eliminated in 1865, the first problem was that passing the elimination of slavery law was inconflict with the US constitution. So the constitution was amended before passing the law to eliminate the conflict.

In the nutshell, every law originates because of different reasons like Technological reasons, Social reasons, Cultural reason, etc) but the basis remains the same which is US constitution which is the basic framework for passing the law.

8 0
3 years ago
Gary is the marketing manager for an automobile dealership his boss tells him the firm's primary goal is
Eduardwww [97]

Answer:

sales orientation

Explanation:

It seems that in this scenario the firm is using a sales orientation. This is a business approach that focuses on improving the company's products or services without taking the actual needs of the customers into consideration. In order to make as many sales as possible which ultimately increases the company's market shares.

3 0
3 years ago
if barbara falcon invests $16,751.84 now and she will receive $30,000 at the end of 10 years, what annual rate of interest will
Crank

9% of annual rate of interest will she be earning on her investment .The price of borrowing money is reflected in the interest rate on a credit card.

<h3>What is annual  rate interest ?</h3>

The price of borrowing money is reflected in the interest rate on a credit card. We utilize the annual percentage rate for this (APR). On the majority of credit cards, you can avoid paying interest on purchases if you pay your balance in full each month by the due date.

The term annual percentage rate of charge refers to the interest rate for an entire year rather than just a monthly fee or rate as applied on a loan, mortgage loan, credit card, etc. It can also be referred to as a nominal APR or an effective APR. It is an annual rate of a finance charge.

To learn more about annual rate of interest refer to:

brainly.com/question/15728540

#SPJ4

4 0
1 year ago
What is the key idea in the aggregate expenditure macroeconomic​ model? The key idea in the aggregate expenditure model is that
guajiro [1.7K]

Answer:

A) in any particular​ year, the level of GDP is determined mainly by the level of aggregate expenditure.

Explanation:

The formula for calculating the aggregate expenditure (AE) of an economy is the same used to calculate the gross domestic product:

Aggregate expenditures = consumption + investment + government + net exports (exports - imports)

The main difference between the GDP ans AE is that AE measures the planned consumption, the planned investment, the planned government expenses and the planned net exports.

he equation is: AE = C + I + G + NX. The aggregate expenditure determines the total amount that firms and households plan to spend on goods and services at each level of income.

6 0
3 years ago
The ratio of expenses for merchandise to cost of labor for a small company is 5:3. They spent a total of $15,000 for these two c
chubhunter [2.5K]

They spend on labor 5625. based on the given situations.

Exertions fee ought to be around 20 to 35% of gross income. slicing hard work costs is a balancing act. locating methods to streamline labor costs is rooted in reducing costs without sacrificing personnel morale or productivity.

Hints from White-Hutchinson enjoyment and studying consulting institution say that restaurant labor costs ought to be available in at much less than 30% of sales, and food and exertions costs ought to be less than 60% of the revenue.

The labor-to-revenue ratio is a monetary analysis device that compares the amount of cash a business enterprise spends on its employees to the quantity of cash it makes in net sales. Dividing hard work value via net sales for a given duration yields this ratio. Multiplying the result through 100 converts it to a percentage.

Learn more about labor costs here: brainly.com/question/26527325

#SPJ4

6 0
1 year ago
Other questions:
  • The final topic of the video is about leadership and structure. The speakers promote distributed centers which are similar to th
    10·1 answer
  • Max separated the workers by gender and then asked only the men to work the evening shift from 5 P.M. to closing. This is an exa
    11·1 answer
  • The following costs result from the production and sale of 4,550 drum sets manufactured by Tom Thompson Company for the year end
    10·1 answer
  • The consumer sales promotion that involves the use of a brand-name product in a movie, television show, video game, or a commerc
    8·1 answer
  • which of the following is a personal benefit of the value of the social connections you make in college
    15·1 answer
  • Currently, in the United States, the greates volume of goods and services are shipped by
    10·1 answer
  • Charismatic leaders are often _____ than transactional leaders.
    13·1 answer
  • Barter requires that you know the market value of all the goods and services that you want and have to offer. are a member of an
    8·2 answers
  • Suppose that real GDP is currently ​$13.22 trillion and potential real GDP is​ $14.0 trillion, or a gap of ​$800800 billion. The
    11·1 answer
  • Historical development of logistics
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!