Reference no: EM131108172
1. (Weighted-Average Number of Shares) Gogean Inc. uses a calendar year for financial reporting. The company is authorized to issue 9,000,000 shares of $10 par common stock. At no time has Gogean issued any potentially dilutive securities. Listed below is a summary of Gogean's common stock activities.
1. Number of common shares issued and outstanding at December 31, 2009 2,400,000
2. Shares issued as a result of a 10% stock dividend on September 30, 2010 240,000
3. Shares issued for cash on March 31, 2011 2,000,000Number of common shares issued and outstanding at December 31, 2011 4,640,000
4. A 2-for-1 stock split of Gogean's common stock took place on March 31, 2012.
(a) Compute the weighted-average number of common shares used in computing earnings per common share for 2010 on the 2011 comparative income statement.
(b) Compute the weighted-average number of common shares used in computing earnings per common share for 2011 on the 2011 comparative income statement.
(c) Compute the weighted-average number of common shares to be used in computing earnings per common share for 2011 on the 2012 comparative income statement.
(d) Compute the weighted-average number of common shares to be used in computing earnings per common share for 2012 on the 2012 comparative income statement.(CMA adapted)
Develop action steps based on the core points of the book
: What are you going to do about it? Develop action steps based on the core points of the book. This section must be a description of how the main ideas will affect your counseling. What professional changes will you implement and share with others
|
What are the names of the two landmark stone lions
: What are the names of the two landmark stone lions sitting infront of the New York Public Library at Fifth Avenue and 42nd Streetin New York City
|
Implementations of the list interface
: ArrayList, LinkedList, and Vector are all implementations of the List interface. Which of them is most efficient for adding and removing elements from the list? Explain your answer, including any other alternatives you may be aware of.
|
What is the jet deau exactly
: If you were to visit the city of Geneva you'd no doubt see the Jet d'Eau from anywhere around the world-famous lakeshore. What is the Jet d'Eau, exactly
|
Number of common shares issued and outstanding
: Shares issued for cash on March 31, 2011 2,000,000Number of common shares issued and outstanding at December 31, 2011 4,640,000
|
Which swiss city is home to the rhine falls
: The Rhine Falls is a popular tourist destination in the northern part of Switzerland. Which Swiss city is home to the Rhine Falls
|
Compare and contrast the various investment products
: Compare and contrast the various investment products that are available to an individual investor(like yourself) and the types of institutions that sell them.
|
What is homeostasis
: Please use the link below to answer the following question; What are the functions of the major organs in the human body? Link: https://www.khanacademy.org/science/biology/human-biology
|
Identify at least three regulatory agencies involved in ipo
: What are the reasons why companies would choose to have an IPO? Why do some firms remain or go private? Explain your answers. Identify at least three regulatory agencies involved in an IPO. Explain their respective roles in such an offering.
|