The following information is available for Oriole Company: January 1, 2018 Shares outstanding 3910000 April 1,...
The following information is available for Oriole Company:
| January 1, 2018 | Shares outstanding |
3910000 |
| April 1, 2018 | Shares issued |
637000 |
| July 1, 2018 | Treasury shares purchased |
237000 |
| October 1, 2018 | Shares issued in a 100% stock dividend |
4310000 |
The number of shares to be used in computing earnings per common
share for 2018 is
please provide every details. thx
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The following information is available for Oriole Company:
January 1, 2018
Shares outstanding
3910000
April 1,...
On January 1, 2018, Oriole Corp. had 461,000 shares of common stock outstanding. During 2018, it...
On January 1, 2018, Oriole Corp. had 461,000 shares of common stock outstanding. During 2018, it had the following transactions that affected the Common Stock account. February 1 Issued 124,000 shares March 1 Issued a 10% stock dividend May 1 Acquired 104,000 shares of treasury stock June 1 Issued a 3-for-1 stock split October 1 Reissued 61,000 shares of treasury stock The weighted-average number of shares outstanding: 1703650 Assume that Oriole Corp. earned net income of $3,325,000 during 2018. In...
4. The following information is available for Barone Corporation: January 1, 2019 Shares outstanding 4,000,000 April...
4. The following information is available for Barone Corporation: January 1, 2019 Shares outstanding 4,000,000 April 1. 2019 Shares issued 640,000 July 1, 2019 Treasury shares purchased 240,000 October 1, 2019 Shares issued in a 2-for-1 stock split 4,400,000 a. Compute the weighted average number of shares to be used in computing earnings per share for 2019. (1 point) b. Assuming Barone Corporation had a net income of $9.850,000 in 2019 and that throughout 2019 there were 2,000 shares of...
On January 1, 2018, Oriole Corp. had 461,000 shares of common stock outstanding. During 2018, it...
On January 1, 2018, Oriole Corp. had 461,000 shares of common stock outstanding. During 2018, it had the following transactions that affected the Common Stock account. February 1 Issued 124,000 shares March 1 Issued a 10% stock dividend May 1 Acquired 104,000 shares of treasury stock June 1 Issued a 3-for-1 stock split October 1 Reissued 61,000 shares of treasury stock Determine the weighted-average number of shares outstanding as of December 31, 2018. The weighted-average number of shares outstanding:
On January 1, 2018, Warren Corporation had 1,020,000 shares of common stock outstanding. On March 1,...
On January 1, 2018, Warren Corporation had 1,020,000 shares of common stock outstanding. On March 1, the corporation issued 160,000 new shares to raise additional capital. On July 1, the corporation declared and issued a 2-for-1 stock split. On October 1, the corporation purchased on the market 550,000 of its own outstanding shares and retired them. Compute the weighted average number of shares to be used in computing earnings per share for 2018.
On January 1, 2018, Wildhorse Corp. had 472,000 shares of common stock outstanding. During 2018, it...
On January 1, 2018, Wildhorse Corp. had 472,000 shares of common stock outstanding. During 2018, it had the following transactions that affected the Common Stock account. February 1 Issued 125,000 shares March 1 Issued a 10% stock dividend May 1 Acquired 100,000 shares of treasury stock June 1 Issued a 3-for-1 stock split October 1 Reissued 63,000 shares of treasury stock Determine the weighted-average number of shares outstanding as of December 31, 2018. Assume that Wildhorse Corp. earned net income...
A) On January 1, 2018, Cullumber Corp. had 480,000 shares of common stock outstanding. During 2018,...
A) On January 1, 2018, Cullumber Corp. had 480,000 shares of common stock outstanding. During 2018, it had the following transactions that affected the Common Stock account. February 1 Issued 117,000 shares March 1 Issued a 10% stock dividend May 1 Acquired 101,000 shares of treasury stock June 1 Issued a 3-for-1 stock split October 1 Reissued 62,000 shares of treasury stock Determine the weighted-average number of shares outstanding as of December 31, 2018. The weighted-average number of shares outstanding...
Stockholders' Equity (January 1) Cormon stock-$6 par value, 100,800 shares authorized, 38,890 shares issued and outstanding...
Stockholders' Equity (January 1) Cormon stock-$6 par value, 100,800 shares authorized, 38,890 shares issued and outstanding Paid-in capital in excess of par value, connon stock Retained earnings Total stockholders' equity $189,620 140,689 340, $662,820 Stockholders' Equity (December 31) Common stock-$6 par value, 188,880 shares authorized, 35, eee shares issued, 5,eee shares in treasury Paid-in capital in excess of par value, connon stock Retained earnings (358,820 restricted by treasury stock) $21e.see 16e, see 420.889 790,820 (Se.820) $749,800 Less cost of treasury...
XYZ Company had 200,000 shares of common stock outstanding on December 31, 2017. On July 1, 2018, XYZ issued an additional 45,000 shares for cash. On January 1, 2018, XYZ issued 15,000 shares of conv...
XYZ Company had 200,000 shares of common stock outstanding on December 31, 2017. On July 1, 2018, XYZ issued an additional 45,000 shares for cash. On January 1, 2018, XYZ issued 15,000 shares of convertible preferred stock. The preferred stock had a par value of $100 per share and paid a 5% dividend. Each share of preferred stock is convertible into 8 shares of common. During 2018 XYZ paid the regular annual dividend on the preferred and common stock. Net...
On January 1, 2018, Albacore Company had 300,000 shares of its common stock issued and outstanding. Albacore issued a 8%...
On January 1, 2018, Albacore Company had 300,000 shares of its common stock issued and outstanding. Albacore issued a 8% stock dividend on July 1, 2018. On October 1, 2018, Albacore retired 12,000 of its common shares. When calculating basic earnings per share for 2018, what is the appropriate number of shares for Albacore to use in the denominator of the EPS fraction? Multiple Choice 324,000. 312,960. 327,000.
At January 1, 2017, Martinez Company's outstanding shares included the following. 298,000 shares of $50 par...
At January 1, 2017, Martinez Company's outstanding shares included the following. 298,000 shares of $50 par value, 8% cumulative preferred stock 886,000 shares of $1 par value common stock Net income for 2017 was $2,513,000. No cash dividends were declared or paid during 2017. On February 15, 2018, however, all preferred dividends in arrears were paid, together with a 5% stock dividend on common shares. There were no dividends in arrears prior to 2017. On April 1, 2017, 429,000 shares...
4. The following information is available for Barone Corporation: January 1, 2019 Shares outstanding 4,000,000 April 1. 2019 Shares issued 640,000 July 1, 2019 Treasury shares purchased 240,000 October 1, 2019 Shares issued in a 2-for-1 stock split 4,400,000 a. Compute the weighted average number of shares to be used in computing earnings per share for 2019. (1 point) b. Assuming Barone Corporation had a net income of $9.850,000 in 2019 and that throughout 2019 there were 2,000 shares of...
Stockholders' Equity (January 1) Cormon stock-$6 par value, 100,800 shares authorized, 38,890 shares issued and outstanding Paid-in capital in excess of par value, connon stock Retained earnings Total stockholders' equity $189,620 140,689 340, $662,820 Stockholders' Equity (December 31) Common stock-$6 par value, 188,880 shares authorized, 35, eee shares issued, 5,eee shares in treasury Paid-in capital in excess of par value, connon stock Retained earnings (358,820 restricted by treasury stock) $21e.see 16e, see 420.889 790,820 (Se.820) $749,800 Less cost of treasury...
XYZ Company had 200,000 shares of common stock outstanding on December 31, 2017. On July 1, 2018, XYZ issued an additional 45,000 shares for cash. On January 1, 2018, XYZ issued 15,000 shares of convertible preferred stock. The preferred stock had a par value of $100 per share and paid a 5% dividend. Each share of preferred stock is convertible into 8 shares of common. During 2018 XYZ paid the regular annual dividend on the preferred and common stock. Net...
At January 1, 2017, Martinez Company's outstanding shares included the following. 298,000 shares of $50 par value, 8% cumulative preferred stock 886,000 shares of $1 par value common stock Net income for 2017 was $2,513,000. No cash dividends were declared or paid during 2017. On February 15, 2018, however, all preferred dividends in arrears were paid, together with a 5% stock dividend on common shares. There were no dividends in arrears prior to 2017. On April 1, 2017, 429,000 shares...
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