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Rina8888 [55]
2 years ago
9

Stine Inc. had 500,000 shares of common stock issued and outstanding at December 31, 2014. On July 1, 2015 an additional 500,000

shares were issued for cash. Stine also had stock options outstanding at the beginning and end of 2015 which allow the holders to purchase 150,000 shares of common stock at $28 per share. The average market price of Stine's common stock was $35 during 2015. The number of shares to be used in computing diluted earnings per share for 2015 is
Business
1 answer:
SSSSS [86.1K]2 years ago
6 0

Answer:

780,000

Explanation:

Calculation to determine what The number of shares to be used in computing diluted earnings per share for 2015 is.

Diluted earnings per share=(500,000* 6/12) + (1,000,000 *6/12) + [((35 – 28) ÷35) *150,000]

Diluted earnings per share=250,000+500,000+30,000

Diluted earnings per share= 780,000.

Therefore The number of shares to be used in computing diluted earnings per share for 2015 is.780,000

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Answer: Molly <u><em>cannot </em></u>simply pick up where she left off because <em><u>two years after the license expires, all license rights lapse. Molly must re-qualify through the examination process before being licensed in real estate once again.</u></em>

The mandatory CE Requirements for all Board of Behavioral Science -licensees state that a individual must receive 36 continuing education i.e. (CE) after every two (2)- year license renewal period.

Here,  Molly hadn't kept up with any CE requirements, nor had she renewed her license after it expired almost three years earlier. Therefore she <em><u>cannot </u></em>simply pick up where she left off.

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3 years ago
If an automobile manufacturer discovers a potentially hazardous defect in the product, the subsequent recall of the vehicles is
barxatty [35]
<span>The United States Consumer Product Safety Commission, also known as CPSC, would be responsible for enforcing the recall on a defective vehicle. This is an independent federal agency that is responsible for protecting the people from risks or injuries that are unnecessary and could be prevented when it comes to consumer goods. This group was established by Congress in 1972.</span>
3 0
3 years ago
Suppose that a project has a depreciable investment of $600,000 and falls under the following accelerated depreciation schedule
Alex

Solution :

Depreciation rates   16.67%      16.67%    16.67%     16.67%      16.67%      16.67%

(books)

Depreciation        $100000  $100000 $100000  $100000  $100000  $100000

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Depreciation        $35000    $35000    $35000   $35000   $35000  $35000

tax shield (books)

Depreciation rate   20%            32%         19.20%      11.50%      11.50%     5.80%

(tax)

Depreciation       $120000  $192000   $115200  $69000  $69000  $34800

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Depreciation     $42000   $67200      $40320    $24150     $24150   $12180

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6 0
3 years ago
true or false: the beta for the portfolio after the stocks have been added is the weighted average of the beta before the stocks
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The answer is true. A stock is a broad phrase that refers to any company's ownership certificates. A share, on the other hand, refers to a company's stock certificate.

You become a shareholder if you own a share of a specific corporation. Stocks are classified into two types: common and preferred. When you purchase stock in a corporation, you become a part-ownership of that company. If a corporation has 100,000 shares and you purchase 1,000 of them, you own 1% of the company. Investing in stocks is fundamentally about accumulating and growing wealth. The most basic suggestion for traders on how to invest money in the stock market is 'buy cheap, sell high.'

To learn more about stock, click here.

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8 0
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Kenneth entered into a contract to sell his home to Valerie, who put down a $5,000 earnest money deposit. At the last minute, Va
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An example of accepting liquidated damages is when valerie backed out of the deal and Kenneth kept the earnest deposit.

<h3>What is a liquidated damages?</h3>

A liquidated damages refers to a pre-estimated probable loss that would be suffered from the late completion of a contract.

In conclusion, the example of accepting liquidated damages is when valerie backed out of the deal and Kenneth kept the earnest deposit.

Read more about liquidated damages

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8 0
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