Business, 05.05.2020 05:04 janeou17xn
StarStruck Inc. granted 2,000 shares of restricted stock (common shares, $1 par) to its president on January 1, 2020, when the stock was trading at $40 per share. Net income for 2020 was $1,025,000 and 160,000 shares were outstanding throughout 2020. On average, the fair value of common shares in 2020 was $40 per share. The restricted shares vest after 3 years if the president remains with the company.
Required:
a. Compute basic EPS.
b. Compute diluted EPS.
• Note: Round weighted average common shares outstanding to the nearest whole number.
• Note: Round earnings per share amount to two decimal places.
Answers: 2
Business, 22.06.2019 07:50, sis212
Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?
Answers: 1
Business, 22.06.2019 22:00, tannercarr3441
As a general rule, when accountants calculate profit they account for explicit costs but usually ignorea. certain outlays of money by the firm. b. implicit costs. c. operating costs. d. fixed costs.
Answers: 2
Business, 22.06.2019 22:00, KHaire6856
The following table gives the map coordinates and the shipping loads for a set of cities that we wish to connect through a central hub.,(7,(4,(7,(6,(2,( 2,) for the location of the proposed new central hub, the coordinates should be near: x==) if the shipments from city a double, for the location of the proposed new central hub, the coordinates should be near: x==.926.865.017.21
Answers: 1
StarStruck Inc. granted 2,000 shares of restricted stock (common shares, $1 par) to its president on...
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