User Account

All Pages

What is the appropriate number of shares

Assignment Help Accounting Basics
Reference no: EM132540283

Question - On December 31, 2017, Wayne Sparks Company had 600,000 shares of common stock issued and outstanding. Sparks issued a 5% stock dividend on June 30, 2018. On September 30, 2018, 20,000 shares of common stock were reacquired as treasury stock. What is the appropriate number of shares to be used in the basic earnings per share computation for 2018?

1. 595,000

2. 625,000

3. 630,000

4. 635,000

Reference no: EM132540283

Questions Cloud

Calculate the net pay-off on long call : Calculate the net pay-off on long call, long put and the combined position at the following spot exchange rates:
Describe the steps might take to resolve the dilemma : Describe the steps you might take to resolve this dilemma. Assume that you have been employed as a junior accountant for Nation Lovers PLC for a year.
What amount should Parker and Ryan recognize : On January 1, 2018, Parker and Ryan Insurance Company granted 30,000 stock options to certain executives. What amount should Parker and Ryan recognize
Value consequences of a dividend change : Discuss the effect both on the total return and on the capital gain. Which should be larger?
What is the appropriate number of shares : On September 30, 2018, 20,000 shares of common stock were reacquired as treasury stock. What is the appropriate number of shares
What is the impact on colfax operating income : The company currently operates at full capacity of 10,000 units. What is the impact on Colfax's operating income if this special order is accepted?
Which prize would you choose : You were offered two choice of prizes that is whether to accept RM80,000 today or RM15,000 at the end of each year for 5 consecutive years.
Compute the net increase in the dilutive earnings per share : The average market price of the stock was $80. Compute the net increase in the dilutive earnings per share denominator
What is amount of relevant costs for make-or-buy decision : What is the amount of relevant costs for this make-or-buy decision? GMH Company manufactures 100,000 units of Part X annually for use

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd