User Account

All Pages

What is the weighted average number of shares

Assignment Help Finance Basics
Reference no: EM131891169

The following information has been obtained from the Myers Corporation:

  • 300,000 shares of common stock were outstanding on January 1, 2015.
  • 50,000 stock options were outstanding on January 1, 2015; each option allows the holder to acquire one share of common stock for $20 per share. The average market price of the common stock during 2015 was $25 per share.
  • 48,000 shares of common stock were issued on February 1, 2015.
  • 18,000 shares of common stock were repurchased on August 1, 2015.

What is the weighted average number of shares to be used in the calculation of basic earnings per share for 2015?

Format: xxx,xxx no unit, round if necessary.

Reference no: EM131891169

Questions Cloud

Stock converting to common stock : What price must the stock reach before you would consider converting to common stock?
What range of returns would you expect to see : What range of returns would you expect to see 95 percent of the time? (Enter your answers for the range from lowest to highest. Negative amounts should be.
Describe what we mean by a direct material cost : Describe what we mean by a "Direct Material" cost, and tell us whether this is categorized as a product (manufacturing) cost or a period
Calculate and account for depreciation expense : At year-end 2014, calculate and account for (using the Balance Sheet Equation) depreciation expense. At 12/31/14, show the Net Book Value.
What is the weighted average number of shares : What is the weighted average number of shares to be used in the calculation of basic earnings per share for 2015?
What is the total Taguchi Quality of Cost of the sample : Suppose that a metal rod is supposed to be cut 51.8 mm in length. The upper spec limit is set at 52.9mm and the lower spec limit set at 50.7mm.
Discuss the safety and human health implications : Discuss the safety and human health implications of this device being engineered to perform reliably.
Calculate the rate of interest for weeks : Calculate the rate of interest for weeks 2-10 (Round to two decimal? places.)
Compute contribution percentage : Craigs Air Conditioning/Heating reported the following information: Revenues -$33,500. Compute contribution percentage

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd