User Account

All Pages

Calculate the weighted average number of common shares

Assignment Help Accounting Basics
Reference no: EM131938990

Question - At January 1, 2017, Ecru Corporation had 300,000 common shares outstanding (no preferred shares have been authorized or issued). On March 1, the corporation issued 45,000 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 open market 180,000 of its own shares at $35 each and retired them.

Instructions - Calculate the weighted average number of common shares outstanding to be used in calculating earnings per share for 2017.

Reference no: EM131938990

Questions Cloud

Average number of electric light bulbs failing per day : The average number of electric light bulbs failing per day in a factory is 10. On how many days per year would the number failing be 15?
A description of the current information systems : You are currently the Chief Information Officer (CIO) for an innovative Internet-based company with gross revenues of more than $35 million dollars per year.
How market researchers describe your selected market : Provide your opinion (backed up by citations to readings) as to what is driving the need for growth and new products and services in your selected market.
Distribution and a continuous probability distribution : What is the difference between a discrete probability distribution and a continuous probability distribution?
Calculate the weighted average number of common shares : Instructions - Calculate the weighted average number of common shares outstanding to be used in calculating earnings per share for 2017
Calculate the accrued interest payable on december : The bonds will mature on March 31, 2020. The company has a December 31 year-end. Calculate the accrued interest payable on December 31, 2014
Md5 hashing algorithm and an sha1 hashing algorithm : Researching your own PC's operating system, are there any tools built in to verify MD5 or SHA1 checksums of downloaded software?
Terms of the union of disjoint sets : The second relation in Equations (1.10) expresses the unionof two sets as the union of two disjoint sets (i.e. ¯ ).Express in terms of the union of disjoint set
Explain capital gains tax consequences of these transactions : On 10 February 2018, Janet entered into a contact to sell the apartment for $710,000. Explain the capital gains tax consequences of these transactions

Reviews

Write a Review

Accounting Basics Questions & Answers

  The market price of the common stock

The dividend yield. Round to one decimal place except earnings per share, which should be rounded to two decimalplaces.

  The cost of the annuity was 46800 and cecil was expected to

cecil c. seymour is a 64-year-old widower. he had income for 2013 as followspension from former

  Capital budgeting analysis for proposed project

Using a spreadsheet, conduct a capital budgeting analysis for the proposed project assuming that Blades does not renew the agreement with Entertainment Products. Should Blades establish a subsidiary in Thailand under these conditions? Should Blade..

  Income before income taxes

Income before income taxes

  Determine the number of units the company must sell to break

Prepare a contribution margin (behavioral, variable) income statement for Herrestad Company, compare net operating profit from a contribution margin income statement with net income from an absorption income statement, and explain why this differe..

  Rotweiler obedience schools december 31 2013 balance sheet

rotweiler obedience schools december 31 2013 balance sheet showed net fixed assets of 1735000 and the december 31 2014

  I have completed the journal entries for chapter 5 city of

i have completed the journal entries for chapter 5 city of smithville but im not sure which ones need to be closed.

  Which vendor should the press be purchased

Simpson's cost of funds is 10%, and the machine will be purchased on January 1, from which vendor should the press be purchased?

  Prepare a schedule of accounts payable and receivable

Posting to general and subsidiary ledgers The journals, subsidiary ledgers, and selected general ledger accounts for Auto Restoration, Inc., are given.

  B company has a minimum required rate of return of 8 it

b company has a minimum required rate of return of 8. it is considering investing in a project that costs 68337 and is

  If maintenance hours in october are expected to be 3550

x company uses the high-low method to predict maintenance costs each month with maintenance hours as the activity

  What is a computer based information system

What is a computer based information system? What are its components?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd