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
lisabon 2012 [21]
3 years ago
15

Waterway Industries had net income for 2021 of $602000. The average number of shares outstanding for the period was 208000 share

s. The average number of shares under outstanding options, at an option price of $30 per share is 12600 shares. The average market price of the common stock during the year was $36. What should Waterway Industries report for diluted earnings per share for the year ended 2021?
Business
1 answer:
bazaltina [42]3 years ago
5 0

Answer:

Diluted earnings per share is $2.87

Explanation:

The extent to which the option would dilute the earnings per share to the extent of the difference between the option of price and the share market price.

The shares that are capable of dilute the earnings can be computed thus:

Market price-option price/market price*outstanding options shares

market price is $36

option price is $30

outstanding options shares is 12,600

($36-$30)/$36*12,600=2,100 shares

Diluted earnings per share=$602,000/(208,000+2100)=$2.87

You might be interested in
Which of the following is a cause of Cost-Push Inflation?
AnnyKZ [126]

Answer, 4

Explanation: I got it right in odyssey ware

8 0
2 years ago
​Stasia, a new employee at a large real estate​ company, sees some immediate problems when she reads the​ company's wiki article
insens350 [35]

Answer:

to use the wiki discussion facility

Explanation:

Based on the information provided within the question it can be said that Stasia's best choice would be to use the wiki discussion facility. This is an area used to discuss the article that is being shown/read. By using this she can voice her opinion on the issues that she noticed in regards to the marketing article that was posted. With the hopes of making it better.

5 0
3 years ago
A Goldsmith could hold some gold in reserve for depositors’ withdrawals, but ________________ excess gold and thereby make a pro
den301095 [7]

Answer: Loan out

Explanation:

Goldsmith is one of the many traditional form of medium of exchange used in the past. Whereby you placed your gold to a goldsmith and in return receive a receipt to use that as a medium of cash exchange.

If goldsmith could loan out excess gold they can make a profit from depositors fund. Because that excess gold gives them an opportunity to loan it out.

7 0
3 years ago
ATTENTION I WILL GIVE BRAINLIEST!!!!
Katyanochek1 [597]
I can help ya I will email u the answer
4 0
3 years ago
Dealing with the fact that certain aspects of any management situation are more important than others is called
luda_lava [24]

Answer:

Recognition of priorities

Explanation:

Management involves planning, organizing, controlling, supervising, a group of people which could be an entire team, workers or some fractions of workers in an environment to achieve organizational goals. An entrepreneur which is among the factors of production is indeed someone who manages, supervise the other factors of production, keeping an environment in which people work and achieve the goals of production.

Management is a profession and as such skill set to recognizing when some aspects of management becomes important than others and when some goals need to be given more attention to achieving the overall organizational goals can describe as Recognition of priorities.

Recognition of priorities brings some other important aspects of management into focus leaving out the less important ones cancelled or put on hold so as to save time and maximize labor efficiency.

3 0
3 years ago
Other questions:
  • Daryl enjoys his job because he gets to analyze the security systems in different organizations and provide recommendations to i
    14·2 answers
  • An asset for drilling was purchased and placed in service by a petroleum production company. Its cost basis is $60,000, and it h
    5·1 answer
  • A company issues bonds with a $100,000 par value, an 8% annual contract rate, semiannual interest payments, and a five year life
    13·1 answer
  • A soybean farmer sells soybeans in a perfectly competitive market and hires labor in a perfectly competitive market. The market
    7·1 answer
  • What is the annual percentage rate on a loan with a stated rate of 2.75 percent per quarter?A. 11.00 percentB. 11.09 percentC. 1
    9·1 answer
  • The problem with average-cost pricing regulation is that once it is in place, there is a tendency for the:________
    8·1 answer
  • The concept of permanent current assets reflects the fact that some components of current assets do not shrink to zero even when
    15·1 answer
  • What is meant by conversational style and is a conversational style  as appropriate in cross-cultural communication as it is in
    7·1 answer
  • Emily Corporation has an employee benefit plan for compensated absences that gives each employee 15 paid vacation days. Vacation
    14·1 answer
  • What are the three methods of calculating balance charges on credit cards?.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!