One of your duties for your company is to calculate earnings per share. Your company has 400,000 common shares outstanding on 1/1/19. On April 1 they issue 97,000 share of common and 2,500 shares of preferred stock. On June 1 they acquired 37,500 from the open market to use as treasury stock. On November 1 they sold 32,000 shares of the treasury stock below their original cost. Calculate the weighted average common shares outstanding for purposes of the December 31, 2019 basic earnings per share calculation (ignore rounding).

Why do you think the compensation plans differ at the two firms? in particular, why do you think kaufmann’s pays commissions to salespeople, while parkleigh does not? why does parkleigh offer employees discounts on purchases, while kaufmann’s does not?

For a firm that uses the weighted average method of process costing, which of the following must be true? (a) physical units can be greater than or less than equivalent units. (b) physical units must be equal to equivalent units. (c) equivalent units must be greater than or equal to physical units. (d) physical units must be greater than or equal to equivalent units.

Which of the following businesses is most likely to disrupt an existing industry? a. closer connex developed an earphone that receives emails and text messages and converts them to voice messages. the first models had poor reception, but they rapidly improved over time. b. mega technologies reconfigured the components used in its touchscreen tablets to create a new type of wearable device for use in restaurants and other service industries. c. particle inc. developed a teleportation technology that can transport physical materials instantaneously across great distances. d. altrea added advanced camera technology to its premium line of smartphones so that they would take the highest-quality photos of all phones on the market.