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lina2011 [118]
3 years ago
6

Morrison Corporation had the following common stock record during the current calendar year: Outstanding-January 1 2,000,000 Add

itional shares issued 3/31 100,000 Distributed a 10% stock dividend on 6/30 Additional shares issued 9/30 100,000 What is the number of shares to be used in computing basic EPS
Business
1 answer:
posledela3 years ago
5 0

Answer:

the number of shares to be used in computing basic EPS is 2,100,000.

Explanation:

Basic Earnings Per Share = Earnings Attributable to Holders of Common Stock ÷ Weighted Average Number of Common Stocks

<u>Weighted Average Number of Common Stocks Calculation :</u>

Common Stocks Outstanding on 1 January         2,000,000

Additional Shares 9/12 × 100,000                              75,000

Additional Shares 3/12 × 100,000                              25,000

Weighted Average Number of Common Stocks 2,100,000

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Fontaine and Monroe are forming a partnership. Fontaine invests a building that has a market value of $250,000; the partnership
Andrej [43]

Answer:

Total assets = $405,000

Total capital = $330,000

Explanation:

Capital = Assets - Liabilities

= $250,000 - 75,000

= $175,000

Therefore, the capital is $175,000

Particulars    Assets    Liabilities   Capital

Building       250,000     75,000     175,000

Cash             100,000           -           100,000

Equipment    55,000            -            55,000

Total              405,000    75,000     330,000

8 0
3 years ago
If aggregate demand and aggregate supply both shift right, we can be sure that the price level is higher in the short run.
wel
The answer is true hope it helps

4 0
4 years ago
Firms will often make changes to a product or adjust prices in a market deemed the bottom of the pyramid because ______.
ki77a [65]

The main reason why firms <em>make changes to a product</em> or adjust prices in a market deemed the bottom of the pyramid is because:

  • There is a large, impoverished population that still wants and needs consumer goods but cannot pay the prices that the fewer, wealthier consumers in developed nations can.

<h3>What is Market Price?</h3>

This refers to the current market value of a particular product which can be purchased at a particular time and this can be affected by different factors.

With this in mind, we can see that there are adjustment in prices even in markets in the bottom pyramid mainly because a poorer population needs the product but cannot pay the prices than wealthier nations.

Read more about market price here:
brainly.com/question/24877850

6 0
2 years ago
A salesperson who has anticipated customer doubt about a product and formulated proper responses is ready to:____.
galina1969 [7]

After a salesperson has been able to anticipate customer doubt about a product and then formulated a response to it, the salesperson is then ready to Answer objections.

<h3 /><h3>When does a salesperson answer objections?</h3>

In order to come up with a proper solution to an objected by a customer, a salesperson needs to be prepared for that objection in the first place.

They therefore need to anticipate the objection and the doubt that the customer has and then they can come up with a solution to the customer's problem.

Once they come up with that solution, they shouldn't keep it to themselves but rather they should then present it to the customer to see if it is satisfactory.

In conclusion, the salesperson should answer objections.

Find out more on salespeople strategies at brainly.com/question/25743891

#SPJ1

5 0
2 years ago
A reason to establish internal control is to A. Provide reasonable assurance that the objectives of the organization are achieve
sweet [91]

Answer:   D. Safeguard the resources of the organization.

Explanation:

The functions of internal controls are

  • to minimize risks
  • to protect assets
  • to ensure accuracy of records
  • to promote operational efficiency
  • to encourage adherence to policies, rules, regulations, and laws.c

The reason to establish internal control is to assist safeguard an organization and its objectives.

Hence, the correct option is D.

7 0
3 years ago
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