Messier Inc. had 34,000 common shares on January 1, 2018. On May 1, 3,000 common shares were
Question:
(a) The number of common shares issued at December 31, 2018, and
(b) The weighted average number of common shares for 2018.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 68% (16 reviews)
Weighted average number of shares January 1 34000 1212 340...View the full answer
Answered By
Qurat Ul Ain
Successful writing is about matching great style with top content. As an experienced freelance writer specialising in article writing and ghostwriting, I can provide you with that perfect combination, adapted to suit your needs.
I have written articles on subjects including history, management, and finance. Much of my work is ghost-writing, so I am used to adapting to someone else's preferred style and tone. I have post-graduate qualifications in history, teaching, and social science, as well as a management diploma, and so am well equipped to research and write in these areas.
4.80+
265+ Reviews
421+ Question Solved
Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-1119368458
7th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
Question Posted:
Students also viewed these Cost Accounting questions
-
Messier Inc. has 34,000 common shares on January 1, 2012. On July 1, 8,000 shares were reacquired and retired. On August 31 and November 30, 9,000 and 6,000 shares were issued, respectively....
-
Eastwood Inc. had the following shares authorized in its articles of incorporation and issued on December 31, 2015: 100,000 preferred shares, no par, $4 semi-annual dividend, non-voting, redeemable...
-
On December 31, 2010, the shareholders' equity section of Eastwood Inc.'s statement of financial position appeared as follows: During 2011, the following events occurred: 1. Eastwood issued 120,000...
-
In Exercises sketch the graph of an arbitrary function that satisfies the given condition but does not satisfy the conditions of the Mean Value Theorem on the interval [-5, 5]. is continuous on...
-
The ledger of Mathis Corporation contains the following accounts: Common Stock, Preferred Stock, Treasury StockCommon, Paid-in Capital in Excess of Par ValuePreferred Stock, Paid-in Capital in Excess...
-
Two large home improvement stores advertise that they sell their paint at the same average price per gallon.Arandom sample of 25 cans from storeYhad a standard deviation of $5.21, and store Z had a...
-
Females Rating Males on OKCupid The OKCupid dating site provides lots of very interesting data. Figure 2.61 shows a scatterplot of the age of males that females find most attractive, based on the age...
-
Home Health Care, LLP, incurred the following service-related activity costs for the month. Prepare an analysis of the costs of nonconformance by identifying the internal failure costs and external...
-
Grove Company has budgeted the following credit sales for the last six months of the current year. GROVE COMPANY BUDGETED CREDIT SALES FOR LAST SIX MONTHS OF CURRENT YEAR July $ 3 0 0 , 0 0 0 October...
-
An AS/RS with one aisle is 300 ft long and 60 ft high. The S/R machine has a maximum speed of 300 ft/min in the horizontal direction. It accelerates from zero to 300 ft/min in a distance of 15 ft. On...
-
Canadian National Railway and Canadian Pacific Railway have a dividend of $1.25 per common share and $1.40 per common share, respectively. The market price of their shares is $80 per share and $168...
-
Refer to the data for Messier Inc. given in BE11.15. Messier reported net income of $370,000. Messier also had 10,000 $2 cumulative preferred shares, on which the dividend for the current year was...
-
Find the limit, if it exists, or show that the limit does not exist. lim (xy 4y)| (, ) (3, 2)
-
What formula do you use in cell F 2 3 to determine the monthly food budgets in the Budget Table?? For the below budget table, determine the monthly food budgets using the following recuirements...
-
Dunlop Livery Antiques: Modernizing the Vintage Industry Bob Colquhoun, owner of Dunlop Livery Antiques (DLA) in Dunlop, Ontario is developing a comprehensive marketing strategy with a focus on...
-
IE 375 - Production Planning Homework Assignment 1 - October 10 The past demand data for taxi rides at Bilkent Campus is given in the following table. Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Monday...
-
Question 2 [35 points] CSP- Search Consider a CSP, where there are eight variables A, B, C, D, E, F, G, H, each with domain {1, 2, 3, 4). Suppose the constraints are: A>G |G-C| = 1 D != C G != F...
-
Marigold Industries manufactures three products, Daisy, Rose, and Tulip. Traditionally, the accounting department has allocated indirect costs to four activity pools. Each pool has a unique...
-
Karen Noonan opened Clean Sweep Inc. on February 1, 2020. During February, the following transactions were completed. Feb. 1 Issued 5,000 shares of Clean Sweep common stock for $13,000. Each share...
-
Write the general quadratic equation y2 - 8y - 4x + 28 = 0 in standard form. Determine the vertex, focus, and directrix of the parabola defined by this equation. Sketch a graph.
-
Johnson Limited sells office equipment on September 30, 2012, for $42,000 cash. The office equipment originally cost $144,000 when purchased on January 1, 2009. It has an estimated residual value of...
-
In its unadjusted trial balance, Boxer Limited had assets of $800,000 and liabilities of $200,000. An appraisal of the assets indicated that their fair value was $100,000 more than the carrying...
-
Surkis Corporation purchased a patent for $180,000 cash on April 2, 2012. Its legal life is 20 years and its estimated useful life is 10 years. (a) Prepare the journal entry to record the (1)...
-
What are the 2 main dimensions of an organizational culture we must consider when we initiate a lean deployment? Briefly explain each dimension
-
Mianzi, or face, is an important concept in Chinese negotiations and the wider environment of Chinese business culture. What does this concept mean?
-
Homestead Crafts, a distributor of handmade gifts, operates out of owner Emma Finn's house. At the end of the current period, Emma looks over her inventory and finds that she has 1,400 units...
Study smarter with the SolutionInn App