On january 1 2012 chang corp had 502000 shares of common

Assignment Help Accounting Basics
Reference no: EM13585509

On January 1, 2012, Chang Corp. had 502,000 shares of common stock outstanding. During 2012, it had the following transactions that affected the Common Stock account.

a) Determine the weighted-average number of shares outstanding as of December 31, 2012.

Follow up parts to this question to come later if you answer and are looking for more points.

Reference no: EM13585509

Questions Cloud

A student sitting on a frictionless rotating stool has : a student sitting on a frictionless rotating stool has rotational inertia 0.91kg?m2 about a vertical axis through her
For the fiscal year ended june 30 2012 calculate the : amy dyken controller at fitzgerald pharmaceutical industries a public company is currently preparing the calculation
A magnetic field is oriented at an angle of 39 to the : a magnetic field is oriented at an angle of 39? to the normal of a rectangular area 4.8cm by 7.7cm if the magnetic flux
Assuming a 50 tax rate compute the earnings per share data : on january 1 2012 bailey industries had stock outstanding as follows6 cumulative preferred stock 118 par value issued
On january 1 2012 chang corp had 502000 shares of common : on january 1 2012 chang corp. had 502000 shares of common stock outstanding. during 2012 it had the following
What would be the account balance in the service revenue : what would be the account balance in the service revenue account after the following transactions assuming a zero
Val hooper deposited 11600 in the bank on january 1 a few : the following situations involve the application of the time value of money concept 1. jan cain deposited 19500 in the
A square current loop 45cm on each side carries a 460ma : a square current loop 4.5cm on each side carries a 460ma current. the loop is in a 1.2t uniform magnetic field. the
Immediately prior to this transaction the corporation had : beta corporation purchased 240000 worth of land by paying 24000 cash and signing a 216000 mortgage. immediately prior

Reviews

Write a Review

Accounting Basics Questions & Answers

  Carla and eliza share income equally during the current

carla and eliza share income equally. during the current year the partnership net income was 40000. carla made

  Stock and a note payable in the amount

Albert transfers land (basis of $140,000 and fair market value of $320,000) to Gold Corporation for 80% of its stock and a note payable in the amount of $80,000. Gold assumes Albert's mortgage on the land of $200,000.

  An election to have the net capital gain taxed

1. On January 1 of the current year, Scott borrows $80,000, pledging the assets of his business as collateral. He immediately deposits the money in an interest-bearing checking account.

  Ending inventory in a retail establishment

Carson Inc., a retail establishment, expects sales of $500,000 of a particular item in March. Its gross profit percentage is 60 percent.

  What is the total cost for summertime company

The following costs related to Summertime Company for a relevant range of up to 20,000 units annually:

  Depreciation on the school musical instruments

The Piedmont School of Music has hired you as a consultant to help in analyzing the behavior of the school's costs.

  Estimated total cost and expected activity

Matt Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A is 8,000 units and of Product B is 6,000 units. There are three activity cost pools, with estimated total cost and expect..

  Wacc calculation of haverford company

Several years ago the Haverford Company sold $1,000 par value bond that now has 25 years to maturity and an 8.00% annual coupon that is paid quarterly.

  Total expenses for the year

Retained Earnings had a beginning balance of $2,758,000 and an ending balance of $3,885,700. Total revenues for the year were 3,790,800.

  Calculate the issue price of the bonds

On January 1, 2008, Michelle Co. issued ten-year bonds with a face value of $1,000,000 and a stated interest rate of 10%, payable semiannually on June 30 and December 31. The bonds were sold to yield 12%.

  Accounting equation to demonstrate the error

Use the accounting equation to show how Enron abused good accounting. Use a separate accounting equation to demonstrate WorldCom's error.

  Prior to the end of an audit, the cfo of your client resigns

Prior to the end of an audit, the CFO of your client resigns.

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