What effect do stock dividends or stock splits have on the computation of the weighted-average number of
Question:
What effect do stock dividends or stock splits have on the computation of the weighted-average number of shares outstanding?
Step by Step Answer:
The computation of the weightedaverage number of shares requires restatement of the share...View the full answer
Intermediate Accounting
ISBN: 978-0470423684
13th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
Related Video
Stocks (also known as equities) are securities that represent ownership in a company. They are issued by companies to raise capital, and when an individual buys stocks, they become a shareholder in that company. Investing in stocks can be a way for individuals to potentially earn a return on their investment through dividends and capital appreciation. However, investing in stocks also carries a level of risk, as the value of the stock can fluctuate based on various factors such as the financial performance of the company and general market conditions. For companies, issuing stocks can be a way to raise funds for growth and expansion. When a company goes public by issuing an initial public offering (IPO), it can raise significant capital by selling ownership stakes to the public. Companies can also issue additional stock offerings to raise additional capital as needed.
Students also viewed these Accounting questions
-
What effect do share dividends or share splits have on the computation of the weighted-average number of shares outstanding?
-
Average number of shares outstanding was 16,000 for Year 3 and 15,000 for Year 2. Required Compute the following ratios for Forman Company for Year 3 and Year 2 and round computations to two decimal...
-
Weighted Average Number of Shares Itsy-Bitsy Companys common stock was trading wildly in 2019, with the company frequently issuing new shares, among other transactions. These were the 2019 common...
-
On March 31, 2019, the balances of the accounts appearing in the ledger of Racine Furnishings Company, a furniture wholesaler, are as follows: a. Prepare a multiple-step income statement for the year...
-
How does a change in the price of a product cause both a substitution effect and an income effect?
-
Livingston Company is a wholly owned subsidiary of Rose Corporation. Livingston operates in a foreign country with financial statements recorded in goghs (GH), the companys functional currency....
-
The Jumper Oil Corporation incurs unproved property (Lease A) costs of $60,000 on April 1, 2015. An 8% loan is obtained on April 1, 2015 for $500,000 to finance a drilling program. Jumper started a...
-
Sync Computers, Inc., makes computer-related products under the brand name Sync, which the company registers as a trademark. Without Syncs permission, E-Product Corp. embeds the Sync mark in...
-
Consider the function f(x) x2+6x x3-36x Determine the number of discontinuities of f(x). 1 Determine the values of x at which f(x) has a discontinuity. Enter your answer as a comma-separated list of...
-
1. What changes in the organizing facet of the P-O-L-C framework might you make at Toyota to prevent future mishaps like the massive recalls related to brake and accelerator failures? 2. Do you think...
-
At December 31, 2010, Reid Company had 600,000 shares of common stock issued and outstanding, 400,000 of which had been issued and outstanding throughout the year and 200,000 of which were issued on...
-
Define the following terms. (a) Basic earnings per share. (b) Potentially dilutive security. (c) Diluted earnings per share. (d) Complex capital structure. (e) Potential common stock.
-
If 80% of all college students in the United States text during classes, calculate the probabilities of the following events from a random sample of 15 college students: a. Exactly 9 text during...
-
Suppose the US relied entirely on its own resources for nitrogen. Perhaps it would be better if the U.S. allowed for trade in nitrogen. The following two equations show the demand and supply...
-
Prove the identity. In | cos z - In |cot z = In |sin z|
-
Suppose, the equibilrium Price and equilibrium Quantity of Product A is already determined through Free Market force of Demand and Supply of Product A. What would be the impact on Product A, if the...
-
Please solve for the equilibrium price in the following competitive market, where Qd is quantity demanded and Qs is quantity supplied: P = 193-8*Qd P=35+ 10*Qs Please round to one decimal place. Type...
-
The number of diglix uod fce number the pages of a book is twee the number of pages of the book. If the number of pages of the break. Is a threx: dlight number;, how many pages dass the book have?
-
On June 5, Szabo Inc., a marble contractor, issued for cash 15,000 shares of \($18\) par common stock at \($24,\) and on August 7, it issued for cash 5,000 shares of \($10\) par preferred stock at...
-
Use Stokes' Theorem to evaluate f(y+sin x) dx+(z+cos y) dy+rdz, where C is the rve r(t) = (sint, cost, sin 2t), t = [0, 2].
-
What is the relationship between the rights of the bailee and the duties of the bailor?
-
During its first year of operations, Sitwell Corporation had the following transactions pertaining to its common stock . Jan. 10 Issued 80,000 shares for cash at $6 per share. Mar. 1 Issued 5,000...
-
Abernathy Corporation was organized on January 1, 2012. It is authorized to issue 10,000 shares of 8%, $50 par value preferred stock, and 500,000 shares of no-par common stock with a stated value of...
-
Twenty-five thousand shares reacquired by Pierce Corporation for $48 per share were exchanged for undeveloped land that has an appraised value of $1,700,000. At the time of the exchange, the common...
-
Balloons By Sunset (BBS) is considering the purchase of two new hot air balloons so that it can expand its desert sunset tours. Various information about the proposed investment follows: (Future...
-
On June 1, Roadway's Trucking Company paid $8,700 to overhaul the engine on a delivery truck to allow it to be used for two additional years. An additional $300 was paid for oil change and tre...
-
Exercise 16-12A (Algo) Determining the payback period LO 16-4 Solomon Airline Company is considering expanding its territory. The company has the opportunity to purchase one of two different used...
Study smarter with the SolutionInn App