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
vlada-n [284]
3 years ago
14

On December 31, 2020, BEL Company had 300,000 shares of common stock issued and outstanding. BEL issued a 5% stock dividend on J

une 30, 2021. On September 30, 2021, 40,000 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 2021?
Business
1 answer:
KIM [24]3 years ago
6 0

Answer:

297,500 shares

Explanation:

Basic Earning per share is calculated dividing Earning for the year excluding preferred dividend by weighted average number of shares.

Weighted average number of shares are used to calculate the basic earning per share.

Weighted Average Number of Diluted Shares = (300,000 x 6/12 ) + ( 300,000 x 105% x 3/12 ) + [ ( (300,000 x 105%) - 40,000) x 3/12 ) ]

Weighted Average Number of Shares = 150,000 + 78,750 + 68,750

Weighted Average Number of Shares = 297,500 shares

You might be interested in
Sheila and her team members have been allocated a new project. As a team leader, which quality should Sheila demonstrate so that
irakobra [83]

Answer:

she needs to demostrate effective leadership and sportsman shop and that all starts with trust. To be clear on the goals they must list their goals 1st and work for them in order to persue them imma athlete and i do that a lot

Explanation:

7 0
3 years ago
Read 2 more answers
1. Does the selected business have differentiated products or services? If so, what is the basis for this differentiation from t
Brut [27]

Answer: You can know if you have differentiated products if we have a quality that stands out from the other competitors.

For example: Our service time is less than the competition and we also give gifts to our buyers, things that the competition does not do.

The basis for differentiation is to look for that quality that the competition does not have and that adds value to what we are doing.

8 0
3 years ago
Laird's project group in his communication class selected the topic of improving services for nontraditional students on campus.
dsp73

What phase is this group experiencing? The group is experiencing the emergence phase. In the emergence phase what the group is doing and experiencing becomes noticeable to those around them. The emergence stage is the longest stage of the four Fisher model, though the answers are still slightly uncertain, answers start to become clear.

3 0
3 years ago
Third-Party Woes. Trudy owed Sam $40 for a book she purchased from him. Trudy mowed Betty's yard for $40 and agreed with Betty t
Blizzard [7]

Answer:

Refer below.

Explanation:

Answer is intended both & Done.

6 0
3 years ago
All of the following statements regarding leases are true except : A. For a capital lease the lessee records the leased item as
faust18 [17]

Answer: B. Capital leases do not transfer ownership of the asset under the lease, but operating leases often do.

Explanation:

When using Capital Leases, the lessee will record the lease as if it were their own asset and as a result will also depreciate it. The lessee will also create a long term liability on their balance sheet for the asset.

Capital leases usually also involve a transfer of ownership to the lessee at the end of the lease term. Operating Leases on the other hand do not have these features. They are more like a rental of an asset and as such are recorded as a rental expense in the books of the lessee. The ownership remains with the lessor in an Operating Lease and the asset will be returned once the lease period is over.

5 0
3 years ago
Other questions:
  • Use the following information to calculate the dollar cost of using a money market hedge to hedge 200,000 British pounds of paya
    11·1 answer
  • How does economic factors affect business.
    8·1 answer
  • Ryan is trying to dispel the myth that the role of salespeople is to "sell refrigerators to Eskimos." He tells his salespeople t
    6·1 answer
  • Pandora pioneered a new way to broadcast music. This kind of breakthrough of creating ________ ways to solve old problems or mee
    9·1 answer
  • Suppose you get for free one of following two securities: (a) an annuity that pays $10,000 at the end of each of the next 6 year
    5·1 answer
  • For example, the sticky-price theory asserts that the output prices of some goods and services adjust slowly to changes in the p
    10·1 answer
  • The top salary you can make.
    14·1 answer
  • Consider a European put option with strike price $30 and time to expiration 1 month. Assume the underlying stock price does not
    8·1 answer
  • Which of these is not one of the basic functions of the management​ process?
    6·1 answer
  • How publish Fiverr gig without taking a test?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!