Morrison Corporation had the following common stock record during the current calendar year: Outstanding-January 11 Additional shares issued 3/31 Distributed a 10% stock dividend on 6/30 Additional shares issued 9/30 What is the number of shares to be used in computing basic EPS? Multiple Choice O 270.000 2,110,000 111,000 111,000

Morrison Corporation had the following common stock record during the current calendar year: Outstanding-January 11 Additional shares issued 3/31 Distributed a 10% stock dividend on 6/30 Additional shares issued 9/30 What is the number of shares to be used in computing basic EPS? Multiple Choice O 270.000 2,110,000 111,000 111,000

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

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What does “nonrecourse” financing mean?
The following is a recent stock market listing for Metro Inc. common shares: 365-day high 73.54 (a) low stock sym div 55.50 Metro MRU 1.10 Highest price high 70.94 $ low 70.24 close chg 70.61 -0.07 vol 417,117 yld 1.56 What is the highest price Metro's shares traded at during the past year? The lowest? If you had bought 100 common shares of this company at its lowest price during the past year and then sold them at the highest price during the year, what would your gain or loss be from such a trade? (Round answers to 2 decimal places, e.g. 15.25.) p/e ratio 20.3
Assume that on June 30, Sunland Corporation declares a 10% stock dividend on its 100000 common shares, to be distributed on August 5 to shareholders of record on July 20. Assume the fair value of its shares on June 30 is $13.64 per share and $16.00 on August 5. Which of the following is the correct entry to record the distribution of the stock dividend? Dividends Payable Common Shares Stock Dividends Distributable Common Shares Stock Dividends Distributable Stock Dividends Stock Dividends Distributable Cash 160000 136400 160000 136400 160000 136400 160000 136400
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K Michael Corporation has the following information as of December 31 of the current year: Common Stock, $1 par value (authorized 16,261 shares) Treasury Stock (2,300 shares at cost) Common Stock Outstanding (2,600 shares) Based on the information above, how many shares of common stock are issued? A. 2,300 OB. 2,600 C. 4,900 D. 16,261 $15,000
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Fuerman Incorporated had the following common stock record during the current calendar year Outstanding, beginning of year Additional shares issued 6/30 2,850,000 230,000 Additional shares issued 9/30 230,000 A 12% stock dividend was paid on December 1. What is the number of shares to be used in computing basic EPS? Multiple Choice 3,320,800 3,022,500 3,449,600 3,385,200
9A. How much is the excess of par to be used for book value per share computation? 9B. How much is the BOOK VALUE PER SHARE for PREFERENCE shares considering that the preference shares are cumulative and participating? (Present answer in 2 decimal places, example: XX.XX) On December 31, 2021, the statement of financial position of FRUITS Company showed the following shareholders equity accounts: • Ordinary shares, par P50, authorized 100,000 shares, issued 85,000 shares, in treasury 7,500 shares - P4,250,000 12% Preference shares, par P75, authorized 50,000 shares, issued 20,000 shares, in treasury 4,000 shares-P1,500,000 Share premium in excess of par-P 862,500 . Reserve for Treasury shares - 725,000 • Treasury ordinary shares-435,000, Treasury preference shares-P 290,000 • Retained earnings, unrestricted-P 2,168,000 Net income for the year - 762,000 Cash dividends declared - P 194,000; 2 years in arrears, current year is not yet included.
Help Save & Exit Su Check y Dublin Inc. had the following common stock record during the current calendar year. Outstanding, beginning of year Additional shares issued 6/30 Additional shares issued 9/30 2,000,000 100,000 100,000 A 10% stock dividend was paid on December 1. What is the number of shares to be used in computing basic EPS? Multiple Choice 2,075,000. 2.620.000. 2,475,000.

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