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
Randa is trying to lower the vacancy rates for the commercial property she manages because her revenue targets will increase by
Dmitry [639]

Answer:

Operating budget

Explanation:

An operating budget is a detailed projection where the company expected its revenue and expenses for a period of time. It is to be prepared at the closing of the year to represent the expected level of the activity during the following year

So as per the given situation, it is the operating budget that contains the revenue details

7 0
2 years ago
When Leanne gave her presentation to the BigDeal buying center team, she focused on answering Beverly's questions, since she is
Lady bird [3.3K]

Answer:

D.autocratic

Explanation:

These are the options for the question

A. democraticB. consultativeC. consensusD.autocraticE. authoritative

from the question,We were informed about instance of when Leanne gave her presentation to the BigDeal buying center team, she focused on answering Beverly's questions, since she is the decision maker. Type of buying center BigDeal employ is autocratic.

In autocratic the decision is made by one person alone, though multiple participants which are Democratic buying center could be available.

6 0
2 years ago
A citation identifies the publication in which a legal authority can be found.​
Snezhnost [94]
<span>True. Citations provide a level of credit to the original author of a source and allow for legal and lawful use of a source. Without citations, the use of other sources to produce a work is considered to be plagiarism, a punishable offense at most Universities and workplaces.</span>
5 0
3 years ago
10. You are offered an annuity that will pay you $200,000 once every year, at the end of each year, for 25 years (i.e. the first
seraphim [82]

Answer:

PV= $2,749,494

Explanation:

Giving the following information:

Cash flow= $200,000

Number of periods= 25

Interest rate= 5.25%

<u>First, we need to calculate the future value using the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual cash flow

FV= {200,000* [(1.0525^25) - 1]} / 0.0525

FV= $9,881,102.14

<u>Now, the present value:</u>

PV= FV/(1+i)^n

PV= 9,881,102.14 / (1.0525^25)

PV= $2,749,494

6 0
3 years ago
What is a business idea?
mart [117]

A business idea is an idea that one or more people come up with to start a business. The idea will state what the business is, how they think it should be run and what their customer base will be. After a business idea is planned the developer typically develops a marketing plan and from there they try and receive funding or get approval for their business idea.

3 0
3 years ago
Read 2 more answers
Other questions:
  • In calculating the unemployment rate, "discouraged" workers who are not actively seeking employment are
    9·1 answer
  • If we accept "consumer satisfaction" as the objective of our macro-marketing system, this means that: consumer educators should
    12·1 answer
  • What is true about departmental accountable officials with regards to pecuniary liability?
    10·1 answer
  • For each hour of production, a certain factory requires 1 assembly line worker for every 25 units to be produced in that hour.
    14·1 answer
  • Joe pays Ann to mow his lawn, but Ann mows Donna's lawn by mistake. Donna peeps out her window and sees Ann mowing, yet says not
    11·1 answer
  • Hillary enters into a shipment contract with a dress manufacturer for fifty red dresses. The dress manufacturer sends fifty blue
    11·1 answer
  • Suppose ABCD's stock price is currently $50. In the next six months, it will either fall to $40 or rise 8 to $60. What is the cu
    14·1 answer
  • A company purchased a computer system on January 2, 2018 for $1,600,000. The company used the straight-line depreciation method
    15·1 answer
  • Everything Looks Like a Nail, Inc is a manufacturing company that produces hammers. The company faces a number of fixed and vari
    13·1 answer
  • Can y’all help me with these question real quick please? Thanks :)
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!