Business, 12.09.2019 00:20 reyesmtz5414
On december 31, 2017, berclair inc. had 540 million shares of common stock and 4 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. on march 1, 2018, berclair purchased 24 million shares of its common stock as treasury stock. berclair issued a 5% common stock dividend on july 1, 2018. four million treasury shares were sold on october 1. net income for the year ended december 31, 2018, was $900 million. the income tax rate is 40%.also outstanding at december 31 were incentive stock options granted to key executives on september 13, 2013. the options are exercisable as of september 13, 2017, for 30 million common shares at an exercise price of $56 per share. during 2018, the market price of the common shares averaged $70 per share. in 2014, $62.5 million of 8% bonds, convertible into 6 million common shares, were issued at face value. required: compute berclair’s basic and diluted earnings per share for the year ended december 31, 2018
Answers: 3
Business, 22.06.2019 12:30, asseatingbandit
Sales at a fast-food restaurant average $6,000 per day. the restaurant decided to introduce an advertising campaign to increase daily sales. to determine the effectiveness of the advertising campaign, a sample of 49 days of sales were taken. they found that the average daily sales were $6,300 per day. from past history, the restaurant knew that its population standard deviation is about $1,000. if the level of significance is 0.01, have sales increased as a result of the advertising campaign? multiple choicea)fail to reject the null hypothesis. b)reject the null hypothesis and conclude the mean is higher than $6,000 per day. c)reject the null hypothesis and conclude the mean is lower than $6,000 per day. d)reject the null hypothesis and conclude that the mean is equal to $6,000 per day. expert answer
Answers: 3
Business, 22.06.2019 14:30, lilquanreem8051
Bridge building company estimates that it will incur $1,200,000 in overhead costs for the year. additionally, the company estimates 50,000 direct labor hours will be spent building custom walking bridges for the year at a total direct labor cost of $600,000. what is the predetermined overhead rate for bridge building company if direct labor costs are to be used as an allocation base?
Answers: 3
Business, 22.06.2019 21:00, liamgreene90
You have $5,300 to deposit. regency bank offers 6 percent per year compounded monthly (.5 percent per month), while king bank offers 6 percent but will only compounded annually. how much will your investment be worth in 17 years at each bank
Answers: 3
On december 31, 2017, berclair inc. had 540 million shares of common stock and 4 million shares of 9...
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