OO b. R12 250Oc. R15 000O d. R15 000When calculating the weighted average number of shares outstanding, the number of shares are not time-weighted by the fraction of the reporting period they are (are not) outstanding forSelect one:O a. common shares issued during the period as a stock dividendO b. common shares retiredO c. new common shares sold during the periodO d. shares obtainable in executive stock options granted in mid-yearA corporation bar 12 000 ordinon mi mmm man må metiene to nurchaeo 1 500 ordinanechame at 010 nor charaher 13chara99+

Answered: When calculating the weighted average…

When calculating the weighted average number of shares outstanding, the number of shares are not tim weighted by the fraction of the reporting period they are (are not) outstanding for

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

True or False: When stock is issued for more than its par value, the excess is considered to be an expense and should be reported on the income statement. Select one: O True False
What terminology best describes the EPS (earnings per share) formula below? Net income available to common stockholders/ (number of shares outstanding+ potential shares from employee options and convertible debt) A-diluted EPS B-Basic EPS C- operating EPS D- adjusted EPS
When calculating the weighted average shares of common stock outstanding, how should companies adjust for stock dividends? O They should be weighted by the number of days outstanding. O They should be considered outstanding at the beginning of the year. O They should be weighted by the number of months outstanding. O They should be considered outstanding at the mid-point of the year.
What is the impact of treasury stock on the presentation of stockholder’s equity? Treasury stock is added to paid-in capital, subtracted from common stock, and added to retained earnings. Treasury stock is subtracted from paid-in capital, common stock, and retained earnings thereby reducing stockholder’s equity. Treasury stock is subtracted from paid-in capital, added to common stock, and retained earnings. Treasury stock is added to paid-in capital, common stock, and retained earnings thereby increasing stockholder’s equity. Stockholders’ equity can increase due to: Inventory is increased. Retained Earnings decrease. Dividends are distributed. Stock is issued and common stock is increased. The Cash Dividends Payable account incurs a liability when: On the record date. On the last day of the period. On the payment date. On the declaration date. provide the correc answer and explain what ciorrect choices