On December 31, 2015, Beta Company had 340,000 shares of common stock issued and outstanding. Beta issued a 6% stock dividend on June 30, 2016. On September 30, 2016, 29,000 shares of common stock were reacquired as treasury stock. What is the appropriate number of shares to be used in the basic earnings per share computation for 2016? a. 353,150. b. 391,140. c. 367,650. d. 360,400.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “On December 31, 2015, Beta Company had 340,000 shares of common stock issued and outstanding. Beta issued a 6% stock dividend on June 30, ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
What's the difference between macro and operating environments in business?
Answers (1)
How to ensure that proper plans are installed for the creditors section in future
Answers (1)
What is the future value of 24 periodic payments of $5,070 each made at the beginning of each period and compounded at 8%? (Round factor values to 5 decimal places, e. g. 1.25124 and final answer to 0 decimal places, e. g. 458,581.)
Answers (1)
Ken is moving to a new city and considering whether he should rent or buy an apartment. What factors should he consider in his decision? A) His budget. B) How long he plans to live in the city. C) Financial stability of the housing market.
Answers (1)
A decrease in the demand for money would result from: a. an increase in nominal gdp. b. a fall in the unemployment rate. c. a decrease in nominal gdp. d. an increase in the price level.
Answers (1)
New Questions in Business
Which of the following is an example of capital outflow for Germany? a. German company Haribo sells a production facility in Ireland to an Irish competitor b. Volkswagen exports the new 2014 VW Beatle to the United Kingdom c.
Answers (1)
Financial institutions are more diversified today than they were in the past, when federal laws kept investment banks, commercial banks, insurance companies, and similar organizations quite separate.
Answers (1)
Corny and Sweet grows and sells sweet corn at its roadside produce stand. The selling price per dozen is $4.00, variable costs are $2.00 per dozen, and total fixed costs are $1,200.00. What are breakeven sales in dollars?
Answers (1)
Looking at motivation from a content theory approach, the psychological contract suggests that, in return for time, effort, and other considerations, individuals want to receive:
Answers (1)
Over the past 30 years, the price of oil has been relatively unstable, fluctuating between $11.00 and well over $100 per barrel Which of the following potentially contributes to oil-price instability?
Answers (1)