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Question - CNZ Co had 1,290,000 shares outstanding at the beginning of the year-1 June 20x8. During the year, the following transactions occurred;
1 August 20X8-5,900 share options with an exercise price of $44 per share, were exercised.
1 October 20X8-A 5:1 stock split was completed.
1 February 20x9-The company repurchased 509,000 shares for $29 each.
For the year ended 31 May 20x9, the company reported net earnings of $1,722,500.
Required - Compute the basic EPS for the company for the year ended 31 May 20X9.
Suppose Adessa prefers less risk and chooses to stay an employee. Show a tabulation of the income effects of rejecting the opportunity of independent practice.
If the beginning balance in the investment account was $940000, the balance at December 31, 2021 should be? Pharoah Company owns 4400 of the 10000 outstanding
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ginvold co. began operating a subsidiary in a foreign country on january 1 2011 by acquiring all of the common stock
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