Corporation reported net income of 75000 net sales 750000

Assignment Help Accounting Basics
Reference no: EM13582998

Corporation reported net income of $75,000; net sales $750,000; and weighted average shares outstanding of 7,500. There were no preferred stock dividends. What was the 2012 earnings per share?

Reference no: EM13582998

Questions Cloud

Explain to your friend whether each of the numbered items : your friend sally has hired you to evaluate the following internal control procedures.a explain to your friend whether
Sindler corporation sold 3000 units of its product at a : sindler corporation sold 3000 units of its product at a price of 13 per unit. total variable cost per unit is 7.50
Two thin rods of length l lie along the x-axis one between : two thin rods of length l lie along the x-axis one between xa2 and xa2l and the other between x - a2 and x - a2 - l.
Describe the most significant leadership challenges facing : describe the most significant leadership challenges facing organizations today. are you optimistic that these
Corporation reported net income of 75000 net sales 750000 : corporation reported net income of 75000 net sales 750000 and weighted average shares outstanding of 7500. there were
Acc305 the colorado company manufactures a product acc305 : acc305 the colorado company manufactures a product acc305 managerial accounting tco f the colorado company manufactures
Prepare a post-closing trial balance and determine whether : jeter co. uses a perpetual inventory system and both an accounts receivable and an accounts payable subsidiary ledger.
Kansas industries makes soy oil and soy meal from soy in a : kansas industries makes soy oil and soy meal from soy in a joint process. the soy oil can be further processed into
Consider the data to be 1 2 4 0 5 7 8 and 6 calculate the : consider the data to be 1 2 4 0 5 7 8 and 6. calculate the mle estimator for exponential distribution.using methods of

Reviews

Write a Review

Accounting Basics Questions & Answers

  How does a less-than-optimal use of company funds compare

how does a less-than-optimal use of company funds compare with the perceived need to maintain a record of increasing

  Financial statements for a for-profit business

How does the audit opinion given to a city by its independent auditors differ from the audit opinion rendered on the financial statements for a for-profit business?

  Assume the role of an internal auditor

Assume the role of an internal auditor who has been asked to identify a minimum of threehigh quality propositions that management can implement to establish a tone at the top that conveys a commitment to integrity and ethical values.

  Calculate the estimated sales volume in sales dollars that

bonita beauty corporation manufactures cosmetic products that are sold through a network of sales agents. the agents

  Standard costs and variances

Dresser Company uses a standard cost system and sets predetermined overhead rates on the basis of direct labor-hours. The following data are taken from the company's budget for the current year: Prepare an analysis of the variance for material and ..

  Amount of contract costs incurred

What is the amount of contract costs incurred during the year ended December 31, 2012?

  What is chambers expense associated with organization cost

Chamber intends to capitalize and amortize intangibles over the maximum allowable period in accordance with generally accepted accounting principles. Based on this strategy, what is Chambers's expense associated with organization costs in 2017?

  Discuss motivations of why the games may have been pursued

This game is similar to empire-building game; however, focus of line leaders is solely on attaining a greater portion of the operational budget and effectively crowding out other aspects of the firm. The emergency services director that seeks to u..

  Despite commonly held beliefs regarding the popularity of

despite commonly held beliefs regarding the popularity of presidents presidents are elected by electoral college. this

  Question about constraints

Cully furniture buys 2 products for resale: big shelves (B) and medium shelves (M). Each big shelf costs $500 and requires 100 cubic feet of storage space, and each medium shelf costs $300 and requires 90 cubic feet of storage space.

  What entry would be made for the initial pledge by the

a donor pledged 100000 to the fund raising drive of a local government to assist its police officers in obtaining the

  The improvements in the number of defective units

If BestCo were to measure the improvements in the number of defective units, what perspective on the Balanced Scorecard would report this measure?

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!

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