Question
1 throughout 2020, Tim company had 65000 shares of common stock outstanding. Tim had stock options outstanding, which were exercisable for 5000 shares of common
1 throughout 2020, Tim company had 65000 shares of common stock outstanding. Tim had stock options outstanding, which were exercisable for 5000 shares of common stock at a price of $10 per, which have not yet been exercised the average market price of alpha stock for 2020 was $12 the company reported $269915 of net income for 2020. What is Tim diluted eps?
a. 1. On June 1st blue llc performed lawn maintenance services for a customer and received payment of $500
2. On June 1st red corp received payment for 100 pounds of law material which it will deliver to a cutting 6 months
3. On May 1st, rummy provided consulting services and billed its client rummy received payment for these services on June 1st.
so, which scenarios above would not require a journal entry on June 1st to recognize revenue
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