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Mann, Inc. had 300,000 shares of common stock issued and outstanding at December 31, year 1. On July 1, year 2, an additional 50,000 shares of common stock were issued for cash. Mann also had unexercised stock options to purchase 40,000 shares of common stock at $15 per share outstanding at the beginning and end of year 2. The average market price of Mann's common stock was $20 during year 2. What is the number of shares that should be used in computing diluted earnings per share for the year ended December 31, year 2?
Natural pulp Ltd, a manufacturer of paper and paper board had a flood that destroyed the company’s work in process and finished goods inventories on 1 July, 2014. All raw materials escaped damage because they were stored in a warehouse situated on th..
Topeka Company's income statement for the current month shows that the company sold 400,000 units of its product and earned a net operating income of $600,000. Management is very pleased with the result and believes the company's strong financial pos..
Write a 700- to 1,050-word paper describing the five bases of power. Indicate which power bases are formal and which are personal. How might each of these power bases affect communication in your selected group or organization?
Tom and Judy Bell, who file jointly, collected $6,000 of Social Security benefits, $18,000 in fully taxable pension payments and $10,000 of tax-exempt interest. How much of their Social Security is included in gross income using 2013 tax tables? How ..
Madera Company has annual fixed costs totaling $120,000 and variable costs of $3 per unit. Each unit of product is sold for $15. Madera expects to sell 12,000 units this year
What is the standard quantity of material and the standard labor time for Septembers production and compute the direct material and direct labor variances - how might the sales and production managers explain the direct material variances?
The Tulsa Company allocates overhead based on a predetermined overhead rate of $9.00 per direct labor hour. Job S35 required 8 tons of direct material at a cost of $600.00 per ton and took employees who earn $17.00 per hour a total of 80 hours to com..
computation of par value of stock after split off.a.nbspon december 10 daniel co split its stock 5-for-2 when the
On a manufacturer's income statement expenses are separated into the following three categories:
as indicated in the following memo lack of information loi has identified obligations to handle and dispose of asbestos
Evaluate net cash outflow results from the purchase of merchandise from the foreign customer?
Describe fraud and its impact; identify internal controls girine internal control weakness in the situations. State how the person can hurt the company.
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