On december 31, 2020, merlin company had outstanding 400,000 shares of common stock and 40,000 shares of 8% cumulative preferred stock (par $10). on february 28, 2021, the preferred stock was convertible into 30,000 shares of common stock. merlin issued an additional 36,000 shares of common stock. a 10% stock dividend was declared and distributed on july 1, 2021. on september 1, 2021, 9,000 shares were retired. at year-end, there were fully vested incentive stock options outstanding for 30,000 shares of common stock (adjusted for the stock dividend). the exercise price was $18. the market price of the common stock averaged $20 during the year. also outstanding were $1,000,000 face amount of 10% convertible bonds issued in 2018 and convertible into 50,000 common shares (adjusted for the stock dividend). net income was $900,000. the tax rate for the year was 25%.
Answer:
The answer is a
Explanation:
it says vaster which kinda means more
Answer:b an effective part of the author's argument, because they use facts from a credible source
Explanation:
Answer: Start off with a date of an event you are wrtting about. Which can be an exciting event or secret and continue from there explaining what had happened and then start all over again when something new you encounter comes to mind.
Hope this helps :)
Explanation: Start it off like this: EXAMPLE;
4/10/22- I have helped this wonderful person by answering their question.
