{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-09-14T00:03:57-04:00", "answer_date": "2024-09-14 00:03:57", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "10719686", "url": "\/study-help\/questions\/820-davis-designs-inc-had-net-income-for-the-year-10719686", "question_creation_date_js": "2024-09-14T00:03:57-04:00", "question_creation_date": "Sep 14, 2024 12:03 AM", "meta_title": "[Solved] 8.20 Davis Designs, Inc. had net income f | SolutionInn", "meta_description": "Answer of - 8.20 Davis Designs, Inc. had net income for the year ended December 31, 20X4, of $360,000 and 200,000 shares of common | SolutionInn", "meta_keywords": "8.20,davis,designs,inc,net,income,year,ended,december,31,20x4,$360,000", "question_title_h1": "8.20 Davis Designs, Inc. had net income for the year ended December 31, 20X4, of $360,000 and 200,000 shares of common stock were outstanding on", "question_title": "8.20 Davis Designs, Inc. had net income for the year ended December", "question_title_for_js_snippet": "8 20 Davis Designs, Inc had net income for the year ended December 31, 20X4, of $360,000 and 200,000 shares of common stock were outstanding on December 31,20X4 These shares were issued several years ago There was no preferred stock Calculate basic earnings per share 8 21 Davis Designs, Inc, had net income for the year ended December 31, 20X4, of $360,000 and 200,000 shares of common stock were outstanding on December 31, 20X4 The year end outstanding shares were the result of the following Common shares outstanding on January 1, 20X4 140,000 Common shares issued for cash at market value on May 1, 20X4 60,000 Number of common shares outstanding through December 31, 20X4 200,000 There are no preferred stock Calculate basic earnings per share ", "question_description": "

8.20 Davis Designs, Inc. had net income for the year ended December 31, 20X4, of $360,000 and 200,000 shares of common stock were outstanding on December 31,20X4. These shares were issued several years ago. There was no preferred stock. Calculate basic earnings per share.<\/p>

8.21 Davis Designs, Inc, had net income for the year ended December 31, 20X4, of $360,000 and 200,000 shares of common stock were outstanding on December 31, 20X4. The year-end outstanding shares were the result of the following: <\/p>

Common shares outstanding on January 1, 20X4 140,000<\/p>

Common shares issued for cash at market value on May 1, 20X4 60,000<\/p>

_____________<\/p>

Number of common shares outstanding through December 31, 20X4 200,000<\/p>

______________<\/p>

______________<\/p>

There are no preferred stock. Calculate basic earnings per share.<\/p>", "transcribed_text": "", "related_book": { "title": null, "isbn": null, "edition": null, "authors": null, "cover_image": null, "uri": null, "see_more_uri": "" }, "free_related_book": { "isbn": "", "uri": "", "name": "", "edition": "" }, "question_posted": "2024-09-14 00:03:57", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/industrial-organizational-psychology-understanding-the-workplace\/what-is-the-difference-between-transitional-and-chronic-homelessness-2007894", "description": "What is the difference between transitional and chronic homelessness?", "stars": 0 }, { "url": "\/william-corporations-income-statement-for-the-year-ended-december-31", "description": "William Corporations income statement for the year ended December 31, 2014, and its comparative balance sheets as of December 31, 2014 and 2013, follow. During 2014, William engaged in these...", "stars": 3 }, { "url": "\/study-help\/questions\/820-davis-designs-inc-had-net-income-for-the-year-10719686", "description": "8.20 Davis Designs, Inc. had net income for the year ended December 31, 20X4, of $360,000 and 200,000 shares of common stock were outstanding on December 31,20X4. These shares were issued several...", "stars": 3 }, { "url": "\/study-help\/questions\/what-is-meant-by-the-statement-financial-ratios-don-t-7129804", "description": "What is meant by the statement Financial ratios don t always provide the answers, but they can help you ask the right questions. Do you agree? Why or why not? Provide supporting example ( s ) in your...", "stars": 3 }, { "url": "\/study-help\/questions\/question-what-is-the-purpose-of-the-volatile-keyword-in-10221384", "description": "Question: What is the purpose of the volatile keyword in Java? A) It ensures a variable is only accessed by one thread at a time. B) It makes a variable immutable. C) It ensures visibility of changes...", "stars": 3 }, { "url": "\/study-help\/questions\/question-which-of-the-following-most-accurately-defines-the-concept-10221385", "description": "Question: Which of the following most accurately defines the concept of \"Explainable AI\" (XAI)? A) AI systems that automate routine tasks with little human intervention B) AI models that provide...", "stars": 3 }, { "url": "\/study-help\/questions\/question-what-is-the-primary-concern-associated-with-data-privacy-10221386", "description": "Question: What is the primary concern associated with \"Data Privacy\" in the context of artificial intelligence? A) The speed of data processing B) The accuracy of data predictions C) The unauthorized...", "stars": 3 }, { "url": "\/study-help\/questions\/question-in-a-temperate-forest-a-species-of-small-mammal-10221388", "description": "Question: In a temperate forest, a species of small mammal has developed a thick fur coat that changes color with the seasons. What is the primary ecological advantage of this adaptation? A) Enhanced...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/how-would-you-modify-the-workforce-to-reduce-cost-what-10719685", "next": "\/study-help\/questions\/at-december-31-gill-co-reported-accounts-receivable-of-246000-10719687" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "8.20 Davis Designs, Inc. had net income for the year ended December", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/820-davis-designs-inc-had-net-income-for-the-year-10719686" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } }t_id": "1" } }