Business, 29.03.2021 21:50 Nibiskadhungana

The following information comes from the 2021 Annual Report to stockholders of Composition Inc. (in thousands): From the Statement of Changes in Shareholders' Equity: Paid-in capital—excess of par Number of Treasury shares Treasury stock amount Retained earnings BALANCES AT December 31, 2019 $ 0 (30,561 ) $ (524,321 ) $ 1,673,382 Net earnings - - - 242,941 Sales of common stock under option plans (5,181 ) 377 10,738 - Cash dividends declared on common stock: $0.5375 per share - - - (68,952 ) Compensation under employee incentive plans (1,802 ) 395 9,408 - Treasury shares exchanged for Acquisitions 139,209 20,449 318,293 - Purchase of shares for treasury - (6,668 ) (122,906 ) - BALANCES AT December 31, 2020 132,226 (16,008 ) (308,788 ) 1,847,371 Net earnings - - - 81,965 Sales of common stock under option plans (3,538 ) 279 7,095 - Cash dividends declared on common stock: $0.5475 per share - - - (72,903 ) Compensation under employee incentive plans (196 ) 366 8,271 - Purchase of shares for treasury - (2,933 ) (48,678 ) - BALANCES AT December 31, 2021 $ 128,492 (18,296 ) $ (342,100 ) $ 1,856,433 From the Statement of Cash Flows: Cash flows from financing activities: 2021 2020 Dividends paid $ 72,244 $ 66,932 Required: What was the fair value of the treasury stock exchanged for asset acquisitions for 2020?

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 20:40, stephanie37766

Ail industries uses activity-based costing to assist management in setting prices for the company's three major product lines. the following information is available: activity cost pool estimated overhead expected use of cost driver per activity cutting $1,000,000 25,000 labor hours stitching 8,000,000 320,000 machine hours inspections 2,800,000 160,000 labor hours packing 960,000 64,000 finished goods units compute the activity-based overhead rates. (round answers to 2 decimal places, e. g. 12.25.)

Answers: 2

continue

Business, 22.06.2019 11:00, xxaurorabluexx

If the guide wprds on the page are "crochet " and "crossbones", which words would not be on the page. criticize, crocodile, croquet, crouch, crocus.

Answers: 1

continue

Business, 22.06.2019 12:30, badgirl2005

Suppose you win a small lottery and have the choice of two ways to be paid: you can accept the money in a lump sum or in a series of payments over time. if you pick the lump sum, you get $2,950 today. if you pick payments over time, you get three payments: $1,000 today, $1,000 1 year from today, and $1,000 2 years from today. 1) at an interest rate of 6% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 2) at an interest rate of 9% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 3) years after you win the lottery, a friend in another country calls to ask your advice. by wild coincidence, she has just won another lottery with the same payout schemes. she must make a quick decision about whether to collect her money under the lump sum or the payments over time. what is the best advice to give your friend? a) the lump sum is always better. b) the payments over time are always better. c) it will depend on the interest rate; advise her to get a calculator. d) none of these answers is good advice.

Answers: 2

continue

Business, 22.06.2019 17:20, andrespeerman

States that if there is no specific employment contract saying otherwise, the employer or employee may end an employment relationship at any time, regardless of cause. rule of fair treatment due-process policy rule of law employment flexibility employment at will

Answers: 1

continue

You know the right answer?

The following information comes from the 2021 Annual Report to stockholders of Composition Inc. (in...