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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

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Explain how the stock market operates, and list the distinctions between the different types of stock markets
nasty-shy [4]

Answer:

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The stock market goes up and down due to supply and demand. Prices go up when there are more buyers than sellers and will go down if there are more sellers than buyers.

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Explanation:

4 0
2 years ago
Nonprice competition refers to:
umka21 [38]

Answer: Option C

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dangina [55]

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