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Yoder, Incorporated, has 4,200,000 shares of common stock outstanding on December 31, 2017. An additional 800,000 shares of common stock were issued on April 1, 2018, and 400,000 more on July 1, 2018. On October 1, 2018, Yoder issued 20,000, $1,000 face value, 8% convertible bonds. Each bond is convertible into 20 shares of common stock. No bonds were converted into common stock in 2018. What is the number of shares to be used in computing basic earnings per share and diluted earnings per share, respectively?
5,000,000 and 5,100,000
5,000,000 and 5,400,000
5,400,000 and 6,200,000
5,000,000 and 5,000,000
Record the preceding transactions using the integrated financial statement framework. After each transaction, you should enter a balance for each item.
the impression one gains from the internal inconsistency of many of the arguments upon the which justification of
Assuming a price index of 100 at the beginning of the year and 110 at the end of the year, compute Johnson's ending inventory at cost
Demand for the product that the company should emphasize in part (a) above, up to how much should the company be willing to pay for an additional hour of tapping machine time?
razz corporations common stock is currently selling on a stock exchange at 170 per share and its current balance sheet
Valence Enterprises received a $5,100 check from a customer for the balance due. The transaction was erroneously recorded as a debit to Cash $1,500 and a credit to Service Revenue $1,500.
Exercise 26-2 Doug's Custom Construction Company is considering three new prodects, each reguiring an equipument investment of $25.080. each project will last for 3 year and produce the following net annual cash flows.
Compute the proper cost to be assigned to ending inventory, cost of goods sold, and gross margin under each of these methods using the periodic system
brown is a licensed cpa. during the first month of operations of her business a sole proprietorship the following
on january 3 2008 austin corp. purchased 25 of the voting common stock of gainesville co. paying 2500000. austin
Identify three major disadvantages of test marketing and propose how each one can be avoided. Describe three products whose adoption rates have been affected by complexity, compatibility, relative advantage, observability, and/or trialability.
When a company decides to switch from LIFO to FIFO for inventory valuation, this change should be treated as what and Which formula would a bank or an investor most likely use when evaluating a company's cash flows?
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