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The company had 100,000 shares of common stock outstanding on January 1. In addition, as of January 1, the company had issued stock options that allowed employees to purchase 40,000 shares of common stock. The option exercise price is $10 per share. The options were exercised on April 1. The average stock price for the year was $16; the stock price on the option exercise date (April 1) was $15. The company has no other potentially dilutive securities. Net income for the year was $200,000. In your computations, round all weighted-average number of shares to the nearest whole number. Round the earnings per share to the nearest cent.Both Basic EPS and Diluted EPS.
Fred Jones owns 56 shares of the Robust Corporation's stock. Robust announces a 3 for 2 stock split. How many shares will Fred have after this split.
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Is the 5-question approach to ethical decision making superior to the moral standards or Pastin approach?
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The income statement for August indicates net income of $50,000. The corporation also paid $10,000 in dividends during the same period. If there was no beginning balance in stockholders? equity, what is the ending balance in stockholders?
in each of the following independent situations indicate the effect on taxable income and e amp p stating the amount of
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