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katen-ka-za [31]
3 years ago
11

Coronado Industries had 293000 shares of common stock issued and outstanding at December 31, 2020. No common stock was issued du

ring 2021. On January 1, 2021, Coronado issued 200000 shares of nonconvertible preferred stock. During 2021, Coronado declared and paid $110000 cash dividends on the common stock and $79000 on the preferred stock. Net income for the year ended December 31, 2021 was $618000. What should be Coronado's 2021 earnings per common share
Business
1 answer:
Gnesinka [82]3 years ago
5 0

Answer:

$3.72

Explanation:

earnings per common share = earning attributable to holder of common stock ÷ weighted average number of common stocks outstanding

therefore,

earnings per common share = $3.72

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If you are holding a premium bond, you must expect a _______ each year until maturity. If you are holding a discount bond, you m
prisoha [69]

Answer:

i dont know lol hahhahahhah

Explanation:

5 0
2 years ago
What is the chronological order of the material cost flows through the subsidiary records? a. Materials Ledger Card, Receiving R
RoseWind [281]

Answer:

The correct order is option B.

Explanation:

As the order is in which the items are in the process of the subsidiary is given as by option B.

Option A is not true as the step of receiving report is not at the start of the process.

Option C is not true, because all the steps are not included.

Option D is not true as well because all the steps are not included.

5 0
3 years ago
Grouper Inc. is involved in a lawsuit at December 31, 2020. Prepare the December 31 entry assuming it is probable that Grouper w
goldenfox [79]

Answer:

Grouper Inc. is involved in a lawsuit at December 31, 2020

It is given that Grouper will be liable for $863,600 as a result of this suit. Therefore, the journal entry for this situation is as follows;

On December 31, 2020

Lawsuit loss  A/c  Dr. $863,600

       To Lawsuit liability               $863,600

(To record the lawsuit loss of the Grouper Inc.)

8 0
3 years ago
Which of the following is true of Peter Senge’s contributions to management thought and practices? A. He has made several signif
puteri [66]

Answer:

A. He has made several significant contributions to the areas of organizational learning and change.

Explanation:

<em>Option B</em>: Peter Drucker was the first person to discuss MBO, not Peter Senge. So, this option is incorrect.

<em>Option C</em>: It is the function of management. Therefore, Peter Senge might contribute to this one, but there is no evidence. So, it is wrong.

<em>Option D</em>: Peter Senge advocated the scientific methods of management, but not for the determination of efficient production.

<em>Option E</em>: He does not contend with the bureaucratic structure. Therefore, it is wrong, either.

<em>Option A</em>: It is the answer because he has made several contributions to the areas of organizational learning through the establishment of the society of organizational learning.

8 0
3 years ago
How much control does the government exert over businesses in a command economy, and what are some of the associated risks and d
siniylev [52]

The government has total control in a command economy, all production, investment, prices and incomes are determined by the government. A command economy is also known as a communist society because business owners do not have any control over their businesses. In a command economy, there are risks/disadvantages of running operations this way because there is a lack of competition and efficiency. When the government controls everything, there is less competition because pricing is set by the government. There is also less efficiency due to them waiting on the government to make their decisions.

5 0
3 years ago
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