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
erastova [34]
3 years ago
13

The calculation of diluted earnings per share assumes that stock options were exercised and that the proceeds were used to:A. Bu

y common stock as an investment.B. Retire preferred stock.C. Buy treasury stock.D. Increase net income.
Business
1 answer:
mihalych1998 [28]3 years ago
5 0

Answer:

C. Buy Treasury Stock

Explanation:

The Treasury Stock Method of Calculating Diluted Earnings Per Share

This method is usually used by an organisation to determine the number of additional shares it can generate from options as well as outstanding in-the-money warrants. Once these new shares are acquired they are then used to calculate the organisation's diluted EPS

Specifically and in relations to the question, the outstanding warrants and options are used to repurchase stocks which are then converted into treasury stock. Hence, the answer that states that stock options are exercised and that the proceeds were used to buy treasury stock.

You might be interested in
Universities are typically organized by departments or colleges such as business, biology, engineering, political science, and s
Goshia [24]

The University creates many departments for different fields of study. This structure has been institutionalized since primitivity to enable group of people with same academic interest, and Long & short term career goals share ideas, knowledge and learn together in same environment. This structure is ideal and supportive and allows for complete focus on one's area of interest. However, this structure is currently being modified and may entirely change in the nearest future as there have being increasing overlaps between courses of different field. Multidisciplinary departments have come in handy with research that help in preserving humanity just as Biology is overlapping with different fields of study to find cure for the ravaging Covid-19.

8 0
4 years ago
Candace sells the muffins in her bakery at a higher price than the big-box grocery, but she has a steady stream of customers wil
BlackZzzverrR [31]
She would probably get less customers because she no longer contributes to charity
7 0
3 years ago
Which continent has the highest concentration of trade (i.e., trade among countries within a particular region)?
Vesna [10]

Answer:

Europe

Explanation:

Europe as a continent has the highest concentration of trade. Europe comprises of almost more than 50 countries in itself. Right from early days, trade prospered in Europe and Atlantic Ocean, which stretches between Europe and America, remains the busiest ocean owing to this fact.

During times of colonization, spices and indigo were imported to Europe as the continent was one of it's highest consumers.

With the advent of European Union, trade further strengthened as a common currency in the form of Euro was established. This eased out the process of trade.

8 0
4 years ago
If a company would need to increase net working capital to start a potential new project how should it be treated in the project
natali 33 [55]

Answer:

C

Explanation:

Working capital is the capital used in the daily running of a business.

Working capital = current assets - current liabilities

Working capital is a form of expenditure for the firm.

Thus it is an outflow.

Working capital should be recorded after tax. tax should be subtracted from working capital to determine the eventual outflow

An increase in working capital means more cash is being used in the business. this cash cannot be used elsewhere. this reduces the amount of cash the business can use for other activities. this is why it is an outflow

7 0
3 years ago
Baxley Brothers has a DSO of 17 days, and its annual sales are $6,570,000. What is its accounts receivable balance? Assume that
Anna71 [15]

Answer:

Accounts receivable balance=$306,000.

Explanation:

Given Data:

DSO=17 days

Annual sales=$6,570,000

Number of days in year=365 days

Required:

Accounts receivable balance=?

Solution:

DSO=\frac{Account\s receivable}{Average\ Sales\ Per\ Day}

Average sales per day:

Average\ sales\ Per\ day=\frac{Annual\ Sales}{Days\ In\ year}\\ Average\ sales\ Per\ day=\frac{\$6,570,000}{365}\\ Average\ sales\ Per\ day=\$18,000

Calculating account receivable:

Account\ receivable=DSO*Average\ sales\ Per\ day\\Account\ receivable=17*\$18,000\\Account\ receivable=\$306,000

Accounts receivable balance=$306,000.

6 0
3 years ago
Other questions:
  • You are evaluating two different silicon wafer milling machines. The Techron I costs $276,000, has a three-year life, and has pr
    15·1 answer
  • The _____________ person to speak, usually loses.
    5·2 answers
  • The old factory was converted into condominiums on the top six floors, a health club on the fourth floor, offices on floors two
    8·1 answer
  • A firm's total cost function is given by the equation TC=4000+5Q+10Q and marginal cost is given by the equation MC=5+20Q
    10·1 answer
  • Fred is clearing checks at the bank. One check comes through without the amount written in numerical form. The amount is written
    15·1 answer
  • As the new office manager at a medical office, you discover that several of the employees are not behaving in a welcoming or war
    14·1 answer
  • Select the correct answer.
    12·2 answers
  • Computing and other electrical equipment used in areas where water can accumulate must be uniquely grounded, using __________ eq
    11·1 answer
  • Can you be a chief executive officer right out of college?
    14·1 answer
  • Ashland Corporation estimates its manufacturing overhead costs to be $330,000 and its direct labor costs to be $388,000 for 2020
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!