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Ferry Corporation had 300,000 shares of common stock outstanding at December 31, 2007. In addition, it had 90,000 stock options outstanding, which had been granted to certain executives, and which gave them the right to purchase shares of Ferry's stock at an option price of $37 per share. The average market price of Ferry's common stock for 2007 was $50. What is the number of shares that should be used in computing diluted earnings per share for the year ended December 31, 2007?
Computation of loss and gain on retirement of bonds - Country reacquired all of these bonds at 96 on June 30, 2007, and retired them. Ignoring income taxes, how much gain/loss should country record on the bond retirement?
Evaluate operating income for 2017, assuming the firm uses the variable-costing approach to product costing. (Do not prepare a statement.)
Analyze the accounting needs for the business combination technique you selected. Prepare related financial statements for the date of acquisition.
Prepare a double entry accounting system: finding out the two accounts affected, what kind of accounts are they, do account balances increase or decrease, and do we debit or credit the accounts
During its first month of operation, the Rawls Repair Corporation, which specializes in bicycle repairs - Purpose a trial balance for October
Computation of cash flow from financing activities using given data and Given the following financial statements for ACME Corporation, and assuming that ACME paid a common dividend of $45,000 in 2004, what is the company\'s financing cash flow for ..
Evaluate the overhead variances and Consider the following data for the Rivera Company
Illustrate what is the net present value if the cost of capital is 12 percent (ignore income taxes)? If required, round to the nearest whole dollar.
Calculation of the over/under absorbed overhead - How much overhead is allocated and evaluate the over/under absorbed overhead?
Evaluate the operating income for every division if the transfer price is set at $9 per cord.
Ending Inventory Calculation for each product & as a whole. Tanzy Company's ending inventory includes the following items. Determine the lower cost or market for ending inventory
Evaluate the annual break-even point, in number of haircuts.
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