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Ferry Corporation had 300,000 shares of common stock outstanding at December 31, 2020. In addition, it had 90,000 stock options outstanding, which had been granted to certain executives on June 30, 2020, and which gave them the right to purchase shares of Ferry's stock at an option price of $35 per share. The average market price of Ferry's common stock for 2020 was $50. Net income was $1,000,000.
Problem a) Compute EPS.
Problem b) Compute DEPS.
You are an auditor and are examining the client's financial statements, then you consider these findings as material. Explain the concept of materiality
A hospital is expecting to have $25,000 cash in hand on 1st April 2015 and it requires you to prepare an estimate of cash position in respect of three months from April to June 2015, Prepare a cash budget for April, May and June and also for the 3 ..
fredonia inc. had a bad year in 2013. for the first time in its history it operated at a loss. the companys income
Using the following financial statement data, calculate the following ratios for 2009: Return on equity, current ratio, leverage ratio, times interest earned, average collection period, inventory turnover ratio, return on sales, market to book:
He received a $3,500 unrestricted scholarship from a local civic organization. How much of Dale's scholarship is taxable
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If the amount in Supplies Expense is the January 31 adjusting entry, and $500 of supplies was purchased in January, what was the balance in Supplies on January 1?
Prepare a depreciation schedule using the straight-line method. Prepare a depreciation schedule using the diminishing balance method.
Listed below are account balances (in $ millions) taken from the records of Symphony Stores. All of these are permanent accounts, except the last two that have yet to be closed. The installment receivables are current. Symphony uses a perpetua..
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