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
soldier1979 [14.2K]
3 years ago
10

At december 31, 2014 rice company had 300,000 shares of common stock and 10,000 shares of 8%, $100 par value cumulative preferre

d stock outstanding. no dividends were declared on either the preferred or common stock in 2014 or 2015. on january 30, 2016, prior to the issuance of its financial statements for the year ended december 31, 2015, rice declared a 100% stock dividend on its common stock. net income for 2015 was $1,520,000. in its 2015 financial statements, rice's 2015 earnings per common share should be
Business
1 answer:
vitfil [10]3 years ago
7 0

The company has declared a 100% stock dividend on its common stock will not be considered while calculating the earnings per common shares should be.

Earnings per share = Net Income / Number of equity shares.

where Net Income = $1,520,000

Common equity shares = 300,000

Earnings per share = $1,520,000 / 300,000

Earnings per share = $5.07

Therefore, earnings per common share for year 2015 for Rice Corporation is $5.07

You might be interested in
George wants to increase the number of visits to his insurance firm's website, which specializes in rental insurance for college
Vera_Pavlovna [14]

Answer:

E

Explanation:

In this question, we are to give an answer about which of the listed options would give George the optimal service for the action which he seeks to execute.

Checking the requirements of what he is trying to do, we will notice that there are some key words that are very important that he is trying to target. Now, to bring his idea into fruition, Google AdWords would provide him with the needed help.

This is because Google AdWords would look specifically at indexes using those two key words he wants to use to provide him with the results that he seeks.

5 0
3 years ago
Read 2 more answers
Where do banks get money to lend to borrowers?
Marysya12 [62]

The answer is<u> "depositors".</u>


An individual who is making a deposit with the bank is known as a depositor. The depositor is the moneylender of the cash which will be come back to him/her toward the finish of the store time frame.  

A depositor (you) places cash in a banks vault, at that point the bank putts enthusiasm on it, and can utilize it in the event that it needs to. Up to a specific measure of it remains in the bank on the off chance that you need to come and withdraw.

5 0
3 years ago
Read 2 more answers
What is the difference between vested funds and non-vested funds in a 401(k) plan?
Alekssandra [29.7K]
Vested funds are the employers contribution and the non vested funds are the contribution of employee.

8 0
2 years ago
Is illuminati confirmed
Misha Larkins [42]
No it is not’ people say it’s real but no don’t believe that
7 0
2 years ago
Read 2 more answers
Justification for the method of determining periodic deferred tax expense is based on the concept ofa. Matching of periodic expe
sukhopar [10]

Answer:

c. Recognition of assets and liabilities

Explanation:

Determining periodic deferred tax is a consequence of difference of tax as per book profit and profit as per income tax norms.

Thus recognition of deferred tax asset or liability is matching of assets and liabilities, as when we recognize deferred tax asset as in the condition that the tax payable as per income tax is less and as per books is more than deferred tax asset arises.

In this case we recognize the asset, then against that asset recognized is income tax payable, further income tax payable is set off against this asset and income tax expense.

6 0
2 years ago
Other questions:
  • A cell phone company introduced its brand-new 5G phone into the market. The phone featured global network capability, the fastes
    14·1 answer
  • Jessica is investing in a capital equipment for her printing press. She wants to know how long it will take for her investment t
    8·1 answer
  • In conducting their research, economists face an obstacle that not all scientists face; specifically, in economics, it is often
    15·1 answer
  • Forever Quilting is a small company that makes quilting kits priced at $120 each. There is no quantity discount. The costs of th
    14·1 answer
  • A truck costs $9,000 with a residual value of $1,000. the truck is expected to have a useful life of 40,000 miles. By assuming t
    13·1 answer
  • Brown's Frozen BBQ Sandwiches are made with goat meat drenched in a sweet onion sauce. These sandwiches would not be popular in
    15·1 answer
  • Flagstaff Company has budgeted production units of 7,900 for July and 8,100 for August. The direct materials requirement per uni
    15·1 answer
  • The CJ Company reported that during the last month 50,000 units were completed and transferred out, and 3,600 units were in endi
    6·1 answer
  • Coronado Industries purchased equipment in 2019 at a cost of $912000. Two years later it became apparent to Coronado Industries
    7·1 answer
  • Question Content Area Flyer Company sells a product in a competitive marketplace. Market analysis indicates that its product wou
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!