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Publicly traded companies are required to report earnings per share data on the face of the income statement.compare and contrast basic earnings per share with diluted earnings per share for each of the following:
a.The effect of dilutive stock options and warrants on the number of shares used in computing earnings per share.
b. The effect of diluted convertible securities on the number of shares used in computing earnings per share data.
c. The effect of anti diluted securities in computing earnings per share.
Prepare a classified balance sheet as of Dec 31 2006. Why is the balance in Retained Earinings so large as compared with the balance in Capital Stock?
What technique of accounting should Web-Browser use to account for its investment in Internet Access at 31 st December, 1998, and June 30, 1999 (i.e., cost or equity method)?
Rollie Company is launching a new cleaning product for ceramic vases. The company invests $1,200,000 in operating assets, such as production equipment,and plans to produce and sell 400,000 units per year. Rollie wants to make a return on investmen..
At the beginning of 2009, Baldwin Corporation bought an automobile for $36,000 by issuing a note payable. The automobile has a six-year life and is depreciated using the straight-line method. To determine net cash flow from operating activities fo..
At December 31, 2012 and 2013, Funk & Noble Corporation had outstanding 1,000 million shares of common stock and 13 million shares of 4%, $100 par value cumulative preferred stock. No dividends were declared on either the preferred or common stock..
joe fast started a mobile snack food service on january 2 2006 investing 15000 cash depositing in a bank account in the
Green Corporation made extensive modifications to a portion of a building so that it could be used to conduct product research. Discuss whether the modification costs would qualify as research and experimental expenditures.
Based on your research, determine the types and methods of transfers that will most likely trigger a taxable event for your client. Indicate how you are likely to present this information to your client.
Assuming a 360-day year, calculate what the average investment in inventory would be for a firm, given the following information in each case.
What is the difference between collecting taxes and paying taxes?
The general manager was confused because the company had a $9,000 profit, yet seemed, as noted above, $10,000 worse off in its cash position. Explain briefly how, in general, this difference between profit and cash change can happen.
Onslow Co. purchases a used machine for $240,000 cash on January 2 and readies it for use the next day at an $8,000 cost. On January 3, it is installed on a required operating platform costing $1,600, and it is further readied for operations.
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