Question: Question 5 2 points Save Answer On January 1, Bradley Corporation had 187,500 shares of its S2 par value common stock outstanding. On March 1,

Question 5 2 points Save Answer On January 1, Bradley Corporation

Question 5 2 points Save Answer On January 1, Bradley Corporation had 187,500 shares of its S2 par value common stock outstanding. On March 1, Bradley sold an additional 375,000 shares on the open market at $20 per share. Bradley issued a 20% stock dividend on May 1. On August 1, Bradley purchased 210,000 shares and immediately retired the stock. On November 1, 300,000 shares were sold for $25 per share. What is the weighted average number of shares outstanding for the year? A. 765,000 B.562,500 C. 358,333 D. 258,333

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Lana and Vien Tran are purchasing a home for an agreed sales price of $ 1 5 9 , 1 5 0 . They have applied for an FHA loan with maximum financing. Making the 3 . 5 % down payment, then rolling in the...

QUESTION 11 On January 1, 20xx, Swenson Corporation had 40,000 shares of $10 par value common stock issued and outstanding. All 40,000 shares had been issued in a prior period at $20.00 per share. On...

please need it MULTIPLE CHOICE. (4 points each) Choose the one alternative that best completes the statement or answer the question. 1) A liquidating dividend: A) Represents a distribution of a...

Giannis Company has 100,000 shares of $10 par value common stock outstanding. Giannis declares a 15\% stock dividend on July 1 when the stock's market value is $30 per share. The stock dividend is...

- 1.30 y Practice Assignment Gradebook . c ORION Downloadable Textbook Assignment RCES Brief Exercise 14-03 Crane Corporation has 51,500 shares of $11 par value common stock outstanding. It dedans...

I have all of the instructions included in this documents. So if you have ant questions, please feel free to contact me. WEEK 4 (HOME WORK) (2) Eddy Corporation began operations on April 1 by issuing...

Michael, Hi! I have a bunch of questions with answers. I need to see how to solve them. Thanks! Denise 43. Fogel Co. has $2,500,000 of 8% convertible bonds outstanding. Each $1,000 bond is...

On January 1, 2020 Wooldrik Inc. acquired 5,600 shares (with a par value of 500 per share) of Leuriks Corporation. The consideration transferred for these shares exists of two parts: Wooldrik issues...

Your answer is incorrect. Try again. Charles Austin of the controllers office of Thompson Corporation was given the assignment of determining the basic and diluted earnings per share values for the...

Need help with the attached file, please do not leave any unanswered. At the bottom I put the list of accounts since that is something that is never answered correct. Brief Exercise 16-2 Skysong...

Problem 16-7 Charles Austin of the controller's office of Martinez Corporation was given the assignment of determining the basic and diluted earnings per share values for the year ending December 31,...

Big Easy Business Patrick W. Malik and Jeffrey R. Sebree Shortly after Herb Loft man sat down in his office chair, his wife called, again complaining about some of their daughters wedding plans. This...

Use the following data to prepare the budgets for the sales/production levels of 10,000, 11,000, and 12,000 units. Show the contribution margin and operating income at each activity level. (15 marks)...

a The following functions are defined for 0

Prelec (1998) suggested the alternative probability weighting function with 0 w(p) = e-(-logp)

Analyze the characteristic exponent of the Kou-model of Problem 17.2. What is the proper drift adjustment to obtain the exponential Q-martingale Yt and is the necessary strip condition satisfied?...

Reconsider Problem 10.2 and its solution to show that w(p), like the original weighting function of Kahneman and Tversky, is S-shaped, with concave curvature for small p and convex curvature for...

Suppose x u is an upper barrier. Use the reflection principle to prove that with t ? 0, is the probability density function of the stopping time ?, when the Wiener-process W t hits the barrier x u...

Sketch the distribution functions of L 1 and L 2 .

That's right! Contemporary approaches include highperformance work practices, which focus on enhancing employees' ability, motivation, and opportunity to contribute, and thus improve an...

3.100 It is known that 20% of all farms in a state exceed 160 acres and that 60% of all farms in that state are owned by persons over 50 years old. Of all farms in the state exceeding 160 acres, 55%...

3.99 In a campus restaurant it was found that 35% of all customers order vegetarian meals and that 50% of all customers are students. Further, 25% of all customers who are students order vegetarian...

3.98 Staff, Inc., a management consulting company, is surveying the personnel of Acme Ltd. It determined that 35% of the analysts have an MBA and that 40% of all analysts are over age 35. Further, of...