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Amiraneli [1.4K]
3 years ago
13

Marigold Corp. had 1,000,000 shares of common stock issued and outstanding at December 31, 2017. On July 1, 2018 an additional 1

,000,000 shares were issued for cash. Marigold also had stock options outstanding at the beginning and end of 2018 which allow the holders to purchase 292000 shares of common stock at $21 per share. The average market price of Marigold’s common stock was $28 during 2018. The number of shares to be used in computing diluted earnings per share for 2018 is
Business
1 answer:
neonofarm [45]3 years ago
4 0

Answer:

1,573,000 shares

Explanation:

The computation of the shares computing diluted earnings per share for 2018 is shown below:

= 1,000,000 shares × 6 months ÷ 12 months + 2,000,000 shares × 6 months ÷ 12 months + [($28 - $21) ÷ 28 ] × 292,000 shares

= 500,000 shares + 1,000,000 shares + 73,000 shares

= 1,573,000 shares

The 2,000,000 shares is come from

= 1,000,000 shares + 1,000,000 shares

= 2,000,000 shares

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You purchase 200 shares for $70 a share ($14,000), and after a year the price rises to $80. Calculate the percentage return on y
vladimir2022 [97]

Answer:

14.29%

Explanation:

Number of shares purchased= 200

Purchase price per share= $70

Year end price = $80

Total Investment cost = 200 shares * $70 per shares = $14,000

Percentage return earned on investment = Number of shares * (Year end price - Purchase price) / Investment

= 200 * ($80 - $70) / $14,000

= $2,000 / $14,000

= 0.142857

= 14.2857%

= 14.29%

4 0
3 years ago
Nguyen's Sporting Goods is having difficulty obtaining the credit it needs to expand. What should the company do in order to all
serious [3.7K]

Answer:

work out a plan with its financial intermediaries

Explanation:

Based on the information provided within the question it can be said that in this situation the company should work out a plan with its financial intermediaries . By doing so they would be able to clearly point out the problem and focus on it to be able to come up with a solution on how to obtain the credit that they need.

8 0
3 years ago
The result of the accounting process is several financial statements. The income statement, the balance sheet, and the statement
Volgvan

Answer: Please refer to Explanation

Explanation:

<u>Income Statement </u>

Profitable Company - <em>Bottom line in surplus</em>

Unprofitable Company - <em>Bottom line in Deficit</em>

The Bottomline in the Income statement refers to the Net Profit after all adjustments and deductions have been made. This is the figure that is taken to Retained Earnings and therefore funds the business. If the Bottomline is in Deficit that means the company made a loss and by definition are Unprofitable. The reverse is true.

<u>Balance Sheet</u>

Profitable Company - <em>Financially healthy</em>.

Unprofitable Company - <em>Financially failing</em>.

The Balance Sheet shows the health of a company by checking it's assets vs it's Liabilities and Equity. If it is shown for instance that there is too much debt in the company or that Current Liabilities are more than Current Assets, this shows that the company is not healthy and this is usually a symptom of an Unprofitable company. However a balance sheet showing strong Net Assets and a good Debt - Equity balance is considered healthy and is related to a Profitable Company.

<u>Statement of Cashflow.</u>

Profitable Company - <em>Inward flow of cash</em>

Unprofitable Company - <em>Outward flow of Cash</em>

The Statement of Cashflow (SCF) shows the actual amount of cash that a company has and spends. Other statements can include amounts for which cash has not been paid yet due to the Accrual system in Accounting. The SCF only deals with cash. A Profitable Company will have more cash coming in than going out because it would mean they are making profits as well as being in a strong financial position.

An Unprofitable Company on the other hand will show more cash leaving than coming in. This Outward flow of cash will signify that the company is spending more than it gets which is the sign of unprofitability.

3 0
3 years ago
PLEASE HELP FAST How does Wallach relate the future to a part of speech? Explain.
Feliz [49]

Answer:

Wallach describes  three ways of thinking :  

  • T<u>ransgenerational thinking</u>: It helps us to think about our problems and the ways in which you can resolve them ,and what will be the future consequence of your thinking.

  • <u>Futures thinking:</u> Wallach advocated the fact that   we should just not think about the future in one single perspective rather we should open our mind about various future perspectives.

  • <u>Telos thinking:</u>The word Telos comes from a greek word which means :Ultimate aim".One should think that what will happen next once a particular problem is solved

Wallach relate the future to a part of speech establishing a link between Thomas Khun quote: “People don’t shift unless they have a vision of what it is they’re shifting to.” and  Martin Luther King Speech of "I Have a Dream" he says that that speech is successful as it shows what his dream and what will come after the dream is accomplished

6 0
3 years ago
A health insurance provider has used market ________ to identify groups of businesses that have unique needs when providing insu
Kaylis [27]

Answer:

Segmentation

Explanation:

Market segmentation is a study that decides whether the company splits its members or populations into smaller categories based on factors such as age, wealth, personality features or actions. These divisions will also be used to tailor goods and ads to specific consumers.

In the case of health insurance providers, they use market segmentation to maintain the difference between individuals and decide about their premium, desire and other benefits.

8 0
3 years ago
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