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Calculate basic EPS. Ringmeup, Inc., had net income of $111,250 for the year ended December 31, 2013. At the beginning of the year, 40,000 shares of common stock were outstanding. On May 1, an additional 10,000 shares were issued. On December 1, the company purchased 5,000 shares of its own common stock and held them as treasury stock until the end of the year. No other changes in common shares outstanding occurred during the year. During the year, Ringmeup, Inc., paid the annual dividend on the 8,000 shares of 3.5%, $100 par value preferred stock that were outstanding the entire year.Required:Calculate basic earnings per share of common stock for the year ended December 31, 2013.
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1. the primary purpose of the statement of cash flows is to report all major cash receipts inflows and cash payments
Tree Frog Company is organized as a LLC and pays no income taxes. The company has fixed interest expense of $5,750, Sales of $253,000 and variable expenses of $189,750. What is the company's times interest earned ratio?
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edde corporation has provided the following production and total cost data for two levels of monthly production volume.
described below are six independent and unrelated situations involving accounting changes. each change occurs during
cammie received 225 nqos each option provides a right to purchase 27 shares of mnl stock for 26 per share at the time
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