Weighted-average number of shares outstanding

Assignment Help Accounting Basics
Reference no: EM13152719

On March 1, Gridley sold an additional 250,000 shares on the open market at $20 per share. Gridley issued a 20% stock dividend on May 1. On August 1, Gridley purchased 140,000 shares and immediately retired the stock. On November 1, 200,000 shares were sold for $25 per share. What is the weighted-average number of shares outstanding for 2011?

Reference no: EM13152719

Questions Cloud

Probability bright people in thousand randomly chosen people : What is the probability that there are at least 40 "Bright" people among 1000 randomly chosen people? I) What is the probability that there are no more than 5% of "Bright" people among 1500 randomly chosen people?
Use internal signals that have a rapid turnover rate : Why is it important that signal transduction mechanisms use internal signals that have a rapid turnover rate?
What is the maximum number of electrons ejected from a metal : When a metal was exposed to light at a frequency of 3.94× 1015 s-1, electrons were emitted with a kinetic energy of 5.80× 10-19 J. What is the maximum number of electrons that could be ejected from this metal
Determine the inventory balance : It is the end of the accounting period, and your boss asks you to help determine the inventory balance to place in the company's balance sheet. Explain which physical quantities of inventory that you will include, and which you will exclude.
Weighted-average number of shares outstanding : On August 1, Gridley purchased 140,000 shares and immediately retired the stock. On November 1, 200,000 shares were sold for $25 per share. What is the weighted-average number of shares outstanding for 2011?
Find confidence interval for population mean for given level : If he knows that the measurements follow a normal distribution and the standard deviation for this procedure is 1.2 degrees, what is the confidence interval for the population mean at a 95% confidence level?
High low method-monthly shipping cost equation : Use the high-low method to estimate Silk Flowers & More's monthly shipping cost equation.
Define pair of electrically charged plates : The smallest unit of charge is -1.6× 10-19 C, which is the charge (in coulombs) of a single electron. Robert Millikan was able to measure the charge on small droplets of oil by suspending them between a pair of electrically charged plates.
Non-blocking synchronization algorithms : What is an implicit ack, how is it used, and what benet does it provide? What is non-blocking synchronization? What is Type-Stable Memory Management (TSM),

Reviews

Write a Review

Accounting Basics Questions & Answers

  Difference between allocated and actual overhead

Jacobs Company manufactures refrigerators. The company uses a budgeted indirect-cost rate for its manufacturing operations and during 2005 allocated $1,000,000 to work-in-process inventory. Actual overhead incurred was $1,100,000. Prepare a journa..

  What interest rate is implicit in this offer

A finance company advertise that it will pay kump sum of rs 10000 at the end of 6 years to investor who deposit annually Rs1000. what interest rate is implicit in this offer?

  Prepare the t-account entries for stock transactions

Prepare the T-Account entries for the following stock transactions of the ALEXANDER Corporation: Issued 1000 shares of $2 par common stock for $68 per share. The down payment is $52 per share with the remainder to be paid in three months.

  Determining net carrying value of the bond

Assuming that Little uses the straight-line method of amortization and that the bonds are appropriately classified as available-for-sale, what would the net carrying value of the bonds be shown as on Little's December 31, 2007, balance sheet?

  Negotiating with foreign suppliers

A company wants to buy $30 million in materials and services from suppliers in China, Japan, and South Korea. Discuss how the company would negotiate using the win-win model. What sort of strategies would it use?

  Describe any adjustment that might be necessary

Given the facts presented, discuss the various factors that affect the reli- ability of (1) the comparable uncontrolled price method, (2) the resale price method, and (3) the cost-plus method.

  Determine equivalent units in process for direct materials

Determine the equivalent units in process for direct materials and conversion costs, assuming there was no beginning inventory.

  Differences and similarities in audits of financial

What are the differences and similarities in audits of financial statement compliance audits operational audits?

  Expenses incurred and retained earnings relationships

Assume that retained earnings increased by $240,000 from December 31, 2005, to December 31, 2006, for Miller Corporation. During the year, a cash dividend of $140,000 was paid.

  Analysis of agency

Identify a public agency - either at the local, state, or federal levels - that has undergone significant change in the last 25 years. You may choose an agency that you have had personal experience with, or you may choose a public agency that you ..

  Would you agree with xyzs decision

The XYZ Company billing department has decided to assign one employee to each of its customers. This employee will be responsible for granting credit to the client and then handling the billing.

  What amount will be in the investment fund

Vannoy Corporation will invest $30,000 every January 1st for the next six years (2012 - 2017). If Wagner will earn 12% on the investment, what amount will be in the investment fund on December 31, 2017?

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