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Question - Crane Company, has 4270000 shares of common stock outstanding on December 31, 2017. An additional 804000 shares of common stock were issued on April 1, 2018, and 394000 more on July 1, 2018. On October 1, 2018, Crane issued 19000, $1,000 face value, 8% convertible bonds. Each bond is convertible into 20 shares of common stock. No bonds were converted into common stock in 2018. What is the number of shares to be used in computing basic earnings per share and diluted earnings per share, respectively?
5465000 and 6265000
5070000 and 5465000
5070000 and 5070000
5070000 and 5165000
purchased land and a small office building for a total price of 90000 of which 35000 was the value of the land and
Clydesdale Corporation has a cumulative temporary difference related to depreciation of $580,000 at December 31, 2012. This difference will reverse as follows: 2013, $42,000; 2014, $244,000; and 2015, $294,000.
Explain how budgeting was incorporated to achieve the company's overall goals and objectives. Reflect on whether or not the budgets were effectively applied and whether your experience was positive or negative.
In 2012, Hospital Systems Inc. issued $750,000,000 worth of Series A Bonds. Assume that these 25-year bonds have a par value of $1,000 and a coupon rate.
The following is a December 31, 2018, post-closing trial balance, Prepare a classified balance sheet for Jackson Corporation at December 31. 2018
Provide one specific, real-life example of how either financial accounting helps external stakeholders make informed decisions or how managerial accounting helps managers to improve operational and financial performance.
the confectioners corner inc. would like to buy a new machine that automatically dips chocolates. the dipping operation
during the fourth quarter of 20x6 cablevision inc. generated excess cash which the company invested in securities as
Compute regular depreciation for the following new assets ( consider Section 179, and bonus depreciation).
Perform a cost-benefit analysis of diabetes screening for this group. Does it favor screening? What is the cost of screening per life-year saved
Complete the payroll schedule on the accompanying blank worksheet and prepare journal entries for SFCC's payroll and the related payroll expenses.
What ethical issue is at stake? Should the controller's argument be accepted if she does not really know much about copier technology?
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