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FGH Inc had 500,000 shares of common stock issued and outstanding at December 31, 2010. On July 1, 2011, an additional 100,000 shares of common stock were issued for cash. FGI also had unexercises stock options to purchase 75,000 shares of common stock at $10 per share outstanding at the beginning and end of 2011. The average market price of FGI's common stock was $15 during 2011. What is the number of shares that should be used in computing diluted earnings per share for the year ended December 31, 2011.
Accounting for Business Decisions -HI5001 - what is the interest expense for 2012 and how much equipment was purchased during the year
When a multi product factory operates at full capacity, decisions must be made about what products to emphasize. In making such decisions, products should be ranked based on multi choice:
Prepare the appropriate entries for the declaration and distribution of the stock dividend.
Do you think this an accurate statement on the loan request process? What other considerations or information likely are part of the decision-making process by the bank?
A Characteristic of variable cost is: a. Cost per unit changes when the number of units changes. b. Cost per unit stays the same when the number of units changes c. Total variable cost equals fixed costs when the number of units changes d. Total vari..
Thomas Company has total fixed costs of $360,000 and variable costs of $14 per unit. If the unit sales price is reduced from $24 to $20 and advertising is increased by $10,000, sales will increase from 40,000 to 65,000 unit. What are the contribut..
What is the rebate expense and liability, respectively, shown on the 2007 financial statements dated December 31?
Which of the following describes defined benefit pension plans? a. The investment risk is borne by the employee. b. The plans are simple and easy to construct.
Prepare an income statement in the contribution margin format. For simplicity, assume that the Jindal began and ended the year with zero inventories of any kind.
If the collection period of a company is 31 days, and average receivables is $70,060, what is the total amount of the credit sales?
Which of the following shareholder rights is most commonly enhanced in an issue of preferred stock?
John Haven purchased a bond for $9,500. The bond pays $300 interest every six months. If John decides to sell the bond after 18 months for $10,000 what would be his:
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