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iogann1982 [59]
3 years ago
11

Olive Branch Inc. had 400,000 shares of common stock issued and outstanding at December 31, 2016. On July 1, 2017 an additional

200,000 shares were issued for cash. Olive Branch also had stock options outstanding at the beginning and end of 2017, which allow the holders to purchase 60,000 shares of common stock at $28 per share. The average market price of Olive Branch’s common stock was $35 during 2017. The number of shares to be used in computing diluted earnings per share for 2017 is:__________.
Business
1 answer:
klasskru [66]3 years ago
3 0

Answer:

$512,000

Explanation:

The computation of Number of Share included for computing diluted earning per share is shown below:-

For computing the Number of Share included for computing diluted earning per share we need to find out the issued shares and Stock option which is given below

Issued Shares = 200,000 × 6 ÷ 12 (From July to December)

= $100,000

Stock option = 60,000 - (60,000 × $28 ÷ $35)

= $12,000

So, Total stock outstanding = Shares at Beginning + Issued Shares + Stock option

= 400,000 + $100,000 + $12,000

= $512,000

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​Lakeside, Inc. estimated manufacturing overhead costs for the year at $377,000​, based on 180,000 estimated direct labor hours.
ozzi

Answer:

$18,640 over - applied

Explanation:

For calculating the over-allocated or under-allocated amount, first, we have to compute the predetermined overhead rate which is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

= $377,000 ÷ 180,000 hours

= $2.09

Now we have to find the actual overhead i.e.

= Actual direct labor-hours × predetermined overhead rate

= 196,000 hours × $2.09

= $409,640

So, the ending overhead equals to

= Actual manufacturing overhead - actual overhead

= $391,000 - $409,640

= $18,640 over - applied

3 0
3 years ago
a manager has been asked to approve a marketing campaign that promotes food products to children and is concerned that the food
bulgar [2K]

The ethical decision-making metric will allow the manager to Disregard personal ethical considerations in the decision-making process.

In psychology, decision-making (also spelled decision making and decisionmaking) is considered the cognitive method resulting in the choice of a belief or a course of action among many potential various options. It can be either rational or irrational. The decision-making process could be a reasoning process supported by assumptions of the values, preferences, and beliefs of the decision-maker. Every decision-making process produces a final choice, which can or might not prompt action.

Research regarding decision-making is additionally printed below the label problem solving, notably in European psychological research. Decision-making can be regarded as a problem-solving activity yielding an answer deemed to be optimal, or a minimum of satisfactory. it's so a process that may be a lot or less rational or irrational and can be based on explicit or tacit knowledge and beliefs.

Learn more about  Decision-Making  here: brainly.com/question/24708179

#SPJ1

8 0
1 year ago
WILL GIVE BRAINLIEST.
Black_prince [1.1K]

Answer:

A. Return on Investment

6 0
3 years ago
Read 2 more answers
_____ refers to a set of shared assumptions, values, and behaviors that characterize the functioning of an organization.
valina [46]
The answer is organizational culture.
8 0
3 years ago
Long-Life Insurance has developed a linear model that it uses to determine the amount of term life insurance a family of four sh
jolli1 [7]

Answer:

y=160.9

Explanation:

<u>Linear Modeling</u>

Models are an important part of the study of a variety of natural phenomena in a great number of fields like science, health, business, human behavior, economics, among many others.

Once a model is determined, it can be used to estimate future values of important variables which in turn can help people to make decisions.

It has been determined a model that relates the amount of term life insurance a family of four should have with the current age of the head of the household. That model is

y=165-0.1x

we are required to estimate the amount of term life insurance to recommend to a family of four when the head of the household is x=41 years old. Let's plug in the given value in the equation

y=165-0.1\cdot 41=165-4.1=160.9

\boxed{y=160.9}

7 0
3 years ago
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