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pentagon [3]
3 years ago
7

Warrants exercisable at $20 each to obtain 30,000 shares of common stock were outstanding during a period when the average marke

t price of the common stock was $25. Application of the treasury stock method for the assumed exercise of these warrants in computing diluted earnings per share will increase the weighted average number of outstanding shares by
Business
1 answer:
aivan3 [116]3 years ago
3 0

Answer:

The increase in weighted average number of common shares is by 6,000 shares

Explanation:

Application of treasury method is used for exercising the warrants.

Outstanding Common shares = Number of shares / Market price * Exercisable price

= 30,000 shares / $25 * $20

= 24,000 shares

After the warrants have been exercise, the increase in weighted average number of common shares is as follows:

Increase in weighted average number of shares = 30,000 shares - 24,000 shares

= 6,000 shares

Thus, the increase in weighted average number of common shares is by 6,000 shares.

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Selena Gomez is on a concert tour and has decided to hold a contest for tonight’s event. The first 10 people to answer a riddle
Butoxors [25]

She should make use of websites used by a large number of people and from where information can be shared quickly.

<u>Explanation:</u>

Since Selena Gomez has to make the people aware about a particular contest with which these people might be able to earn some lucky tickets giving them free entry to a concert, the site or the platform that should be used to make people aware about this contest or give information about it should be the one which is used by a large number of people and from where it can be shared quickly from one person to another.

For this purpose, Selena should make use of such websites for giving the information.

7 0
3 years ago
Synovec Corporation is expected to pay the following dividends over the next four years: $6.60, $17.60, $22.60, and $4.40. After
Alexandra [31]

Answer: $245

Explanation:

If the required return on the stock is 7 percent, the current share price would be calculated as:

= 6.60/1.07 + 17.60/1.07^2 + 22.60/1.07^3 + 4.40/1.07^4 + [(4.4 × 1.0525) / (7%-5.25%)] / 1.07^4

= $245.23

= $245 approximately

Therefore, the current share price will be $245

3 0
3 years ago
If you send an e-mail and include a link, you can track how many people took the desired action of clicking on the link. this is
Stells [14]
The answer is frequency.
5 0
3 years ago
Determine which of the statements below explain what an accounting system does. (Check all that apply.) Multiple select question
AVprozaik [17]

Answer:

I. It helps users to be better informed, so they can evaluate the risks and returns of different business decisions.

II. It collects and processes data from transactions and events.

III. It organizes financial information into useful reports.

IV. It communicates financial information to decision makers.

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).

The fundamental functions of an accounting system includes;

I. It helps users to be better informed, so they can evaluate the risks and returns of different business decisions.

II. It collects and processes data from transactions and events.

III. It organizes financial information into useful reports.

IV. It communicates financial information to decision makers.

4 0
3 years ago
A trust deed gives the lender a right to request that the trustee perform certain tasks in order to fulfill the terms of the tru
Ganezh [65]

Answer:

Naked Title

Explanation:

The naked title entitles in the title holder to enforce trust to comply with the clauses of the agreement because this right is given to the trustee. Such titles does not possesses any sort of rights of the ownership of asset and its use. So the only purpose includes the tax benefits and the enforcement of the compliance with the clauses of agreements.

4 0
3 years ago
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