Guan Company had 200,000 shares of common stock outstanding on January 1, 2010, and repurchased 60,000 shares of common stock on March 31, 2010. Determine the earnings per share for calendar 2010 if net income was $ 400,000.
Answer to relevant QuestionsWoollen, Inc., evaluates its divisions as investment centers. The sales, income, and assets of its three divisions follow. Calculate return on investment for each division. Which division is best? Gregson Enterprises, in its first year of operations, reported the following information: Selling price per unit $ 100 Direct materials per unit 5 Direct labor per unit 1 Unit- related overhead per unit 6 Selling cost per ...The following alphabetical list of accounts was adopted from a recent PepsiCo annual report. Use these accounts to create Pepsi’s income statement. Amortization of intangible assets ......... 147 Cost of sales ...The following list of items (accounts) was obtained from an annual report of Braun’s Fashions Corporation: Depreciation and amortization .......... $ 2,052,707 Interest expense ................ 210,678 Merchandise, ...Explain why a long-term note is classified as current if the fiscal year ends during the last year of the note's life.
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