Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The Clorox Company is a leading manufacturer and marketer of consumer and institutional products with approximately 8,100 employees worldwide and fiscal year 2011 net sales of $5.2 billion. The following is an excerpt from the comparative income statements (beginning with earnings from continuing operations) from Clorox's 2011 annual report ($ in thousands):
An income statement sometimes includes items that require separate presentation (net of income taxes) within the statement. The two possible separately reported items are discontinued operations and extraordinary items.
Clorox reports one of these items.
A disclosure note from Clorox's 2011 annual report is shown below:
Required:1. The disclosure note shows adjustments for the dilutive effect of stock options and other. What other adjustments might be needed? Explain why and how these adjustments are made to the weighted average shares outstanding.2. The disclosure note indicates that the effect of some of the stock options were not included because they would be antidilutive. What does that mean? Why not include antidilutive securities?3. Based on the information provided, prepare the presentation of basic and diluted earnings per share for 2011, 2010, and 2009 that Clorox reports in its 2011 annualreport.
Journalize all transactions for Jo Jo Music. Round all amounts to the nearest dollar. (For notes stated in days, use a 360-day year.)
iacollia company makes two products from a common input. joint processing costs up to the split-off point total 47600 a
Cayuga Meadows purchased 42,000 shares of common stock of Long Corporation as a long-term investment for $1,000,000. During the year, Long Corporation reported net income of $500,000 and paid dividends of $200,000.Instructions:
1) Which of the following is an external user of accounting information?
baker company normally produces and sells 80000 zets per year at a selling price of 40 per unit.unit costs direct
You're a paralegal at a law firm. You learn through work that one of the firm's corporate clients is going to declare a stock split that will likely increase the value of their stock. You mention this to your spouse. He or she promptly goes out an..
scenario phyllis maintained an ira account at the brokerage firm abc. on february 11 of the current year she requested
As a startup entrepreneur, examine how CVP analysis can be used to create a profitable business and assist in determining sales price. Create a brief scenario for the use of CVP analysis in establishing the price of a product.
overhead applied to jobs during the period was 270000. actual overhead costs incurred were 268000. budgeted overhead
On January 1, 2010, Lucas Distributors, Inc., adopted the dollar-value LIFO inventory method for income tax and external financial reporting.
nuttin but wings company shows book income of 100000 before tax. the depreciation expense for the year on equipment
jane smith age 40 is single and has no dependents. she is employed as a legal secretary by legal services inc. she owns
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd