User Account

All Pages

Computing diluted earnings per share

Assignment Help Financial Accounting
Reference no: EM131803023

Mann, Inc. had 300,000 shares of common stock issued and outstanding at December 31, year 1. On July 1, year 2, an additional 50,000 shares of common stock were issued for cash. Mann also had unexercised stock options to purchase 40,000 shares of common stock at $15 per share outstanding at the beginning and end of year 2. The average market price of Mann's common stock was $20 during year 2. What is the number of shares that should be used in computing diluted earnings per share for the year ended December 31, year 2?

Reference no: EM131803023

Questions Cloud

Determining the double-declining-balance : Depreciation expense for year two using double-declining-balance (DDB) and units-of-production (UOP) methods would be as follows:
What are the goals for your company or product : What are the goals for your company/product? Your goals should be in quantitative terms, where possible, to facilitate measuring company's future performance.
Functional areas mentioned offer value to hr decision making : HR is rushing to the big data world as fast, or almost as fast, as other disciplines, including business, intelligence, finance, accounting.
What are the opportunities for competitive advantage : What are the opportunities for competitive advantage, What are the major ethical and social responsibility issues
Computing diluted earnings per share : What is the number of shares that should be used in computing diluted earnings per share for the year ended December 31, year 2?
What would be the balance in the paid-in capital : Victor used the par value method to record the purchase of the treasury shares. What would be the balance in the paid-in capital from treasury stock account
What are the major factors in crisis leadership : Describe Crisis Leadership as discussed in the article. In your own words, what are the major factors in crisis leadership?
Cyan report as retained earnings : Net income for the year ended December 31, year 2, was $60,000. At December 31, year 2, what amount should Cyan report as retained earnings?
Calculate a forecast for october : Using simple linear regression analysis, calculate forecast for Year 8. Using a simple three-month moving average, calculate a forecast for October.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd