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Wildhorse Co. reports the following information:
Net income $754000
Dividends on common stock $202000
Dividends on preferred stock $ 82000
Weighted average common shares outstanding 200000
Problem 1: Wildhorse should report earnings per share of
Option 1: $2.35.
Option 2: $3.77.
Option 3: $2.76.
Option 4: $3.36.
Property and Equipment Purchase -270,000.Assuming the company uses US GAAP standards, what is the total cash flow from financing activities
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ABC Company overstated 20Y1 revenue by $10,000. The error also affected 20Y2 by overstating revenue by $5,000. The company discovered the error in 20Y3, which included an overstatement to revenue of $3,000.The company reports only 20Y3 on the current..
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