Reference no: EM132465026
On January 1, 2021, Sunland Corp. had 459,000 shares of common stock outstanding. During 2021, it had the following transactions that affected the Common Stock account.
Point 1: February 1 Issued 123,000 shares
Point 2: March 1 Issued a 10% stock dividend
Point 3: May 1 Acquired 101,000 shares of treasury stock
Point 4: June 1 Issued a 3-for-1 stock split
Point 5: October 1 Reissued 57,000 shares of treasury stock
Question 1: Determine the weighted-average number of shares outstanding as of December 31, 2021.
Question 2: Assume that Sunland Corp. earned net income of $3,577,000 during 2021. In addition, it had 95,000 shares of 9%, $100 par nonconvertible, noncumulative preferred stock outstanding for the entire year. Because of liquidity considerations, however, the company did not declare and pay a preferred dividend in 2021. Compute earnings per share for 2018, using the weighted-average number of shares determined
Question 3: Assume the same facts , except that the preferred stock was cumulative. Compute earnings per share for 2021.
|
What percentage of customer balances are aged
: What percentage of customers have accounts that are aged greater than 90 days?What percentage of customer balances are aged greater than 90 days?
|
|
What is the relationship between the number of events
: What is the relationship between the number of events (causes), number of outcomes, and number of risk scenarios?
|
|
Confidence interval for the proportion of all people
: Based upon this, compute a 95% confidence interval for the proportion of all people in this city who are dissatisfied with their working conditions.
|
|
What benefits did the experience offer you
: Professional mentorship has been identified as an important component of professional engagement, professional growth, and advancement.
|
|
Compute earnings per share using the weighted-average
: Compute earnings per share for 2018, using the weighted-average number of shares determined.Determine the weighted-average number of shares outstanding
|
|
Describe impact that aca has had on medicare recipients
: Briefly define the qualifications for Medicare and Medicaid benefits. Describe the impact that the ACA has had on Medicare and Medicaid recipients.
|
|
What is the equity of the end of the year
: What is the equity of the end of the year?If the owner contributes $5,100 and the owner withdraws $41,400, how much is net income (loss)?
|
|
What questions would you ask each patient to assess risks
: How would your communication and interview techniques for building a health history differ with each patient? How might you target your questions.
|
|
Claim a difference in the two proportions exists
: Of a random sample of 390 students at 4-year colleges (Group 2), 103 claimed to completely abstain. At a=0.10, is there evidence to claim a difference
|