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Question - King in c has 4200000 shares of common stock outstanding on Dec 31,20x2. An additional 800000 shares of common shares were issued on Apr 1, 20x3, and 400000 more on July 1, 20x3. On oct 1,20x3, King issued 20000, $1000 face value, 8% convertible bonds. Each bond is convertible into 20 shares of common stock. No bonds were converted into common stock in 20x3. What is the number of shares to be used in computing basic earnings per share and diluted earnings per share?
how much is your service? i need help with an accounting problem prepare an income statement using the single-step form
Selena uses a normal activity of 10,000 units, What Ending inventory under variable costing and absorption costing would be?
ALei Industries, What is the maximum level of accounts receivable that ALei can carry and have a 35?-day average collection? period?
on august 1 2011 delta inc. purchased 20000 of merchandise on account. on the same day delta paid freight of 1200. the
Write a 3 page paper describing the relationship between the following financial statements: Cash Flow, Income, Balance Sheets and Retained Earnings. Be certain to include the movements of information in time periods, who uses this information and so..
Why do most companies use normal or standard costing? After all, actual costing gives the actual cost, so the firm could just wait until it knows what the cost will be.
Cramer Company sold five-year, 8% bonds on October 1, 2016. The face amount of the bonds was $100,000, while the issue price was $102,000. Interest is payable on April 1 of each year. The fiscal year of Cramer Company ends on December 31. How much in..
What is the approximate probability that your money will double in value in a single year?
Create the journal entry in amortized cost method. The management of NBI truly believes in taking care of its customers when possible.
Find What number of common shares outstanding at the end of Year 1? At the end of Year 2? How many common shares had been issued at the end
Fin 331- You are to evaluate 4 financing scenarios for them. What is the highest possible payment on the ARM (Loan D) when the interest rate adjusts at the end of 5 years?
The centralized employee travel department of Camtro Company has expenses of $528,000. The department has serviced a total of 6,000 travel reservations for the period. The Southeast Division has made 2,400 reservations during the period, and the Paci..
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