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slamgirl [31]
3 years ago
15

On December 31, 2015, Beta Company had 340,000 shares of common stock issued and outstanding. Beta issued a 6% stock dividend on

June 30, 2016. On September 30, 2016, 29,000 shares of common stock were reacquired as treasury stock. What is the appropriate number of shares to be used in the basic earnings per share computation for 2016?a. 353,150.b. 391,140.c. 367,650.d. 360,400.
Business
1 answer:
Tomtit [17]3 years ago
3 0

Answer:

A. 353,150

Explanation:

To get The appropriate number of shares to be used in the basic earnings per share for 2016,

You subtract the stock that was acquired in September from the Beta company shares.

Thus

(340,000*1.06) - (29,000*3/12) = 353,150.

353,150 is the number of shares to be used for computing September 2016 shares.

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Answer:

Tone ...................................

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3 years ago
In the past, the study of finance has included Multiple Choice bankruptcy. raising capital. All of the options mergers and acqui
Sedaia [141]

Before the current time, the study of finance has always included the section of acquisitions, raising capital, bankruptcy etc.

<h3>What is Finance?</h3>

Finance is like an umbrella of activities including banking, leverage, debt, credit, capital markets, funds, investments etc

Hence, before the current time, the study of finance has always included the section of acquisitions, raising capital, bankruptcy etc.

Hence, the Option C is correct because study of finance includes all the following option.

Read more about Finance

<em>brainly.com/question/25773057</em>

4 0
3 years ago
According to Modigliani and Miller (MM), in a world with corporate income taxes, the optimal capital structure calls for approxi
Strike441 [17]

Answer:

True

Explanation:

The Modigliani Miller approach basically aims at the valuation of company, in which with each component of debt present with corporate taxes involved, the cost of business is reduced and that the value is increased.

As according to that when the taxes are present, the the debt component will only increase the return and value of the business.

Thus, it provides for increasing worth of business through debt utilization.

4 0
4 years ago
The law Örm of Saul Goodman and Associates must choose between two di§erent leases for their new space. The Örst lease, Lease A,
nataly862011 [7]

Answer:

I believe that this problem is about determining the equivalent annual cost of leasing option A:

lease cost year 1 = $36.25/sf

lease cost year 1 = $37.25/sf

lease cost year 1 = $38.25/sf

lease cost year 1 = $39.25/sf

lease cost year 1 = $40.25/sf

there are two ways to calculate this solution and the answer will vary significantly depending on which assumption you take:

a) lease payments are paid at the beginning of the year

the PV = $36.25 + $37.25/1.06 + $38.25/1.06² + $39.25/1.06³ +$40.25/1.06⁴ = $170.27

equivalent annual cost = ($170.27 x 6%) / [1 − (1 + 6%)⁻⁵ ] = $10.2162 / 0.2527 = $40.42/sf

b) lease payments are paid at the end of the year

the PV = $36.25/1.06 + $37.25/1.06² + $38.25/1.06³ + $39.25/1.06⁴ +$40.25/1.06⁵ = $160.63

equivalent annual cost = ($160.63 x 6%) / [1 − (1 + 6%)⁻⁵ ] = $9.6378 / 0.2527 = $38.13/sf

5 0
3 years ago
Identify whether the given statements about climate change and economic growth are true or false. 1. Poorer countries have histo
GaryK [48]

Answer:

1. True 2. True 3. False 4. True

Explanation:

Identify whether the given statements about climate change and economic growth are true or false.

1. Poorer countries have historically been responsible for the bulk of world carbon emissions because of poor technology and environmental regulations.

<em>True, because they cannot afford advanced technologies that minimize carbon emissions and most of their production assets produces waste in form of emissions that damages the environment e.g. gas flaring</em>

2. Air and water quality in developed countries is generally much better today than it was several decades ago.

<em>True, over time governments have increased spending in the area of public health and waste management.</em>

3. Tackling climate change issues is likely to only modestly dent long-term economic growth.

<em>False, because tackling climate change will protect the environment and the resources therein which are harnessed for economic growth.</em>

4. Carbon emissions are negatively correlated with economic growth.

<em>True, because carbon emissions damage the environment which holds the resources for economic growth.</em>

3 0
3 years ago
Read 2 more answers
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