Calculate weighted average number of common shares outstanding January 1. Beginning balance 90,000 April 1 30,000...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Calculate weighted average number of common shares outstanding January 1. Beginning balance 90,000 April 1 30,000 shares issued July 1 39,000 shares purchased (Treasury Stocks) November 1 60,000 shares issued Calculate weighted average number of common shares outstanding January 1. Beginning balance 90,000 April 1 30,000 shares issued July 1 39,000 shares purchased (Treasury Stocks) November 1 60,000 shares issued
Expert Answer:
Answer rating: 100% (QA)
To calculate the weighted average number of common shares outstanding we need to consider the time p... View the full answer
Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
Posted Date:
Students also viewed these accounting questions
-
Loblaw Companies Limited is Canadas food and pharmacy leader and the nations largest retailer. The company operates stores such as Real Canadian Superstore and Shoppers Drug Mart in communities...
-
Listed below are details regarding common shares outstanding for four different companies: 1. Johnson Corporation had 120,000 common shares outstanding on January 1, 2017. On April 1, 10,000 common...
-
You are thinking of investing in a company with the following balance sheet and income statement data: Short-term assets: $1,500,000 Short-term liabilities: $500,000 Total debt: $750,000 Total...
-
Count Dracula, the most famous vampire, rumored to have killed at least 200,000 people, was based on a real person who lived in eastern Europe about 600 years ago. He was indeed a "monster," although...
-
Consider the following two independent situations: 1. On June 1, Hatch Company received $3,600 cash for a two-year subscription to its monthly magazine. The term of the subscription begins on June 1....
-
Find the indicated derivatives in Problems 3356. h' (t) if h(t) = 3 13/5 6 1/2
-
Africa offers a fast growing and exciting mobile phone market, with more than 50% growth per year since 2002. More than 28% of African consumers own mobile phones; a larger market than North America....
-
Determining the present value of a lump-sum future cash receipt Marsha Bittner expects to receive a $600,000 cash benefit when she retires five years from today. Ms. Bittners employer has offered an...
-
6. Some particles (certain atomic nuclei, and certain mediating particles) have spin 1. This means that in a Stern-Gerlach experiment they yield three measurements: h, 0, -h. This means that now we...
-
A golf ball is launched with the initial conditions shown in the figure. Determine the radius of curvature of the trajectory and the time rate of change of the speed of the ball (a) just after launch...
-
The following accounts exist: Sales Revenue with a credit balance of $536,800 Sales Returns and Allowances with a debit balance of $6,700 Sales Discounts with a debit balance of $5,000 Calculate the...
-
1. 2. 4. 3. A pith ball suspended on a string has a charge of 25 nC, A plastic rod with a charge of 36nC is brought near. Explain what will happen and why. A pith ball suspended on a string has a...
-
For a diffraction grating with 1600 blazes/mm, what wavelength would you get for an angle of incidence of 30 degrees and reflection angle of 7 degrees? Assume first order diffraction. Report the...
-
An house heated with baseboard electrical heat needs about 10kW of power to keep the house at 20 C when the outside temperature is -5 C. If the baseboard heating is replaced with a heat pump with a...
-
A metal ball lies on a flat horizontal surface. It is attracted by three magnets placed around it. The first magnet's force on the ball is 1 N in the eastward direction and 2 N in the northward...
-
Flat Curve Friction Flat Curve: mac = mg = mV r ** s = V rg Free-body diagram W 7 1 point A 1,401 kg car rounds the flat unbanked curve of a race track with a 450 m radius at a velocity of 21.5 m/s....
-
Fortune Magazine publishes an annual list of the profits made by publicly traded companies. Shown below and in attached excel file is a list of 30 profits made in 2018 from the magazine. 313.2...
-
Anna, a high school counselor, devised a program that integrates classroom learning with vocational training to help adolescents at risk for school dropouts stay in school and transition to work...
-
Rand Companys payroll on December 31 of the current year is as follows: Total payroll, $500,000 Payroll in excess of $117,000 to each employee, $350,000 Payroll in excess of $7,000 to each...
-
McFriend Inc. records its liabilities for employees' vacations semiannually. As of January' 1, McFriend has 50 employees who are paid an average of $ 176 per day. The company allows 15 paid vacation...
-
Closer & Co. incurred and paid the following costs for internal-use software: $12,000 in the preliminary' stage of development $17,000 in external direct material and service costs used in...
-
SpeedBurn Ltd manufactures DVD burners and is considering expanding production. A distributor has asked the company to produce a special order of 3000 DVD burners. The burners will be sold using a...
-
A to Z Pty Ltd has provided the following planned perunit cost and sales data for the year ended 30 June 2020. Fixed factory overhead costs are $1 056 000 per year, and the annual fixed selling and...
-
Aussie Sporting Company Pty Ltd produces two types of sporting balls: basketballs and footballs. During the year ended 30 June 2019 it sold the balls in the proportion of three basketballs for every...
Study smarter with the SolutionInn App