Compute the number of outstanding shares of common stock of Company TS, at the beginning and end of the year.

Question

Want to see the full answer?

Answer 1

Question

Chapter 12, Problem 4CTC

a.

To determine

Compute the number of outstanding shares of common stock of Company TS, at the beginning and end of the year.

b.

To determine

Indicate the amount of total common stock dividend declared by Company TS.

c.

To determine

Explain the reason as to why the company reported the same number of shares at the beginning of the year and end of the year, despite the issue of the shares during the year.

d.

To determine

Compute the average price of share at the beginning of the year at which the treasury stock was purchased by the company.

e.

To determine

Indicate whether the reissue price of the treasury stock was lesser or more than the amount paid by Company TS to acquire the shares.

f.

To determine

Compute the average price of share in the current year at which the treasury stock was purchased by the company.

g.

To determine

Indicate whether the weighted number of shares reported in the annual report, or the number of shares computed in Part (a) is used in computation of earnings per share (EPS), and in the computation of book value per share.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

Financial statements for Askew Industries for 2024 are shown below (in thousands): 2024 Income Statement Net sales $ 8,600 Cost of goods sold (6,050) Gross profit 2,550 Operating expenses (1,850) Interest expense (100) Income tax expense (240) Net income $ 360 Comparative Balance Sheets December 31 2024 2023 Assets Cash $ 500 $ 400 Accounts receivable 500 300 Inventory 700 500 Property, plant, and equipment (net) 1,000 1,100 $ 2,700 $ 2,300 Liabilities and Shareholders’ Equity Current liabilities $ 500 $ 250 Bonds payable 900 900 Common stock 500 500 Retained earnings 800 650 $ 2,700 $ 2,300 Calculate the following ratios for 2024. Note: Consider 365 days a year. Round your intermediate calculations and final answers to 2 decimal places.

Ans plz general accounting

What is this firm WACC

Answer 2

Question

Chapter 12, Problem 4CTC

a.

To determine

Compute the number of outstanding shares of common stock of Company TS, at the beginning and end of the year.

b.

To determine

Indicate the amount of total common stock dividend declared by Company TS.

c.

To determine

Explain the reason as to why the company reported the same number of shares at the beginning of the year and end of the year, despite the issue of the shares during the year.

d.

To determine

Compute the average price of share at the beginning of the year at which the treasury stock was purchased by the company.

e.

To determine

Indicate whether the reissue price of the treasury stock was lesser or more than the amount paid by Company TS to acquire the shares.

f.

To determine

Compute the average price of share in the current year at which the treasury stock was purchased by the company.

g.

To determine

Indicate whether the weighted number of shares reported in the annual report, or the number of shares computed in Part (a) is used in computation of earnings per share (EPS), and in the computation of book value per share.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 12, Problem 4CTC

a.

To determine

Compute the number of outstanding shares of common stock of Company TS, at the beginning and end of the year.

b.

To determine

Indicate the amount of total common stock dividend declared by Company TS.

c.

To determine

Explain the reason as to why the company reported the same number of shares at the beginning of the year and end of the year, despite the issue of the shares during the year.

d.

To determine

Compute the average price of share at the beginning of the year at which the treasury stock was purchased by the company.

e.

To determine

Indicate whether the reissue price of the treasury stock was lesser or more than the amount paid by Company TS to acquire the shares.

f.

To determine

Compute the average price of share in the current year at which the treasury stock was purchased by the company.

g.

To determine

Indicate whether the weighted number of shares reported in the annual report, or the number of shares computed in Part (a) is used in computation of earnings per share (EPS), and in the computation of book value per share.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 12, Problem 4CTC

a.

To determine

Compute the number of outstanding shares of common stock of Company TS, at the beginning and end of the year.

b.

To determine

Indicate the amount of total common stock dividend declared by Company TS.

c.

To determine

Explain the reason as to why the company reported the same number of shares at the beginning of the year and end of the year, despite the issue of the shares during the year.

d.

To determine

Compute the average price of share at the beginning of the year at which the treasury stock was purchased by the company.

e.

To determine

Indicate whether the reissue price of the treasury stock was lesser or more than the amount paid by Company TS to acquire the shares.

f.

To determine

Compute the average price of share in the current year at which the treasury stock was purchased by the company.

g.

To determine

Indicate whether the weighted number of shares reported in the annual report, or the number of shares computed in Part (a) is used in computation of earnings per share (EPS), and in the computation of book value per share.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 5

Chapter 12, Problem 4CTC

a.

To determine

Compute the number of outstanding shares of common stock of Company TS, at the beginning and end of the year.

b.

To determine

Indicate the amount of total common stock dividend declared by Company TS.

c.

To determine

Explain the reason as to why the company reported the same number of shares at the beginning of the year and end of the year, despite the issue of the shares during the year.

d.

To determine

Compute the average price of share at the beginning of the year at which the treasury stock was purchased by the company.

e.

To determine

Indicate whether the reissue price of the treasury stock was lesser or more than the amount paid by Company TS to acquire the shares.

f.

To determine

Compute the average price of share in the current year at which the treasury stock was purchased by the company.

g.

To determine

Indicate whether the weighted number of shares reported in the annual report, or the number of shares computed in Part (a) is used in computation of earnings per share (EPS), and in the computation of book value per share.

Answer 6

Chapter 12, Problem 4CTC

a.

To determine

Compute the number of outstanding shares of common stock of Company TS, at the beginning and end of the year.

Answer 7

Chapter 12, Problem 4CTC

a.

To determine

Compute the number of outstanding shares of common stock of Company TS, at the beginning and end of the year.

Answer 8

b.

To determine

Indicate the amount of total common stock dividend declared by Company TS.

Answer 9

b.

To determine

Indicate the amount of total common stock dividend declared by Company TS.

Answer 10

c.

To determine

Explain the reason as to why the company reported the same number of shares at the beginning of the year and end of the year, despite the issue of the shares during the year.

Answer 11

c.

To determine

Explain the reason as to why the company reported the same number of shares at the beginning of the year and end of the year, despite the issue of the shares during the year.

Answer 12

d.

To determine

Compute the average price of share at the beginning of the year at which the treasury stock was purchased by the company.

Answer 13

d.

To determine

Compute the average price of share at the beginning of the year at which the treasury stock was purchased by the company.

Answer 14

e.

To determine

Indicate whether the reissue price of the treasury stock was lesser or more than the amount paid by Company TS to acquire the shares.

Answer 15

e.

To determine

Indicate whether the reissue price of the treasury stock was lesser or more than the amount paid by Company TS to acquire the shares.

Answer 16

f.

To determine

Compute the average price of share in the current year at which the treasury stock was purchased by the company.

Answer 17

f.

To determine

Compute the average price of share in the current year at which the treasury stock was purchased by the company.

Answer 18

g.

To determine

Indicate whether the weighted number of shares reported in the annual report, or the number of shares computed in Part (a) is used in computation of earnings per share (EPS), and in the computation of book value per share.

Answer 19

g.

To determine

Indicate whether the weighted number of shares reported in the annual report, or the number of shares computed in Part (a) is used in computation of earnings per share (EPS), and in the computation of book value per share.

Answer 20

Expert Solution & Answer

Answer 21

Expert Solution & Answer

Answer 22

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 23

Ch. 12 - Prob. 1STQ Ch. 12 - 2. Which of the following situations would not be...Ch. 12 - Prob. 3STQ Ch. 12 - Prob. 4STQ Ch. 12 - Prob. 5STQ Ch. 12 - Prob. 1DQ Ch. 12 - Prob. 2DQ Ch. 12 - Prob. 3DQ Ch. 12 - Prob. 4DQ Ch. 12 - Prob. 5DQ

Compute the number of outstanding shares of common stock of Company TS, at the beginning and end of the year.

Compute the number of outstanding shares of common stock of Company TS, at the beginning and end of the year.

Indicate the amount of total common stock dividend declared by Company TS.

Explain the reason as to why the company reported the same number of shares at the beginning of the year and end of the year, despite the issue of the shares during the year.

Compute the average price of share at the beginning of the year at which the treasury stock was purchased by the company.

Indicate whether the reissue price of the treasury stock was lesser or more than the amount paid by Company TS to acquire the shares.

Compute the average price of share in the current year at which the treasury stock was purchased by the company.

Indicate whether the weighted number of shares reported in the annual report, or the number of shares computed in Part (a) is used in computation of earnings per share (EPS), and in the computation of book value per share.

Want to see the full answer?

Chapter 12 Solutions