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looking for some help, thank you Hardaway Fixtures' balance sheet at December 31, 2020, included the following: Shares issued and outstanding: Common stock, $1 par
looking for some help, thank you
Hardaway Fixtures' balance sheet at December 31, 2020, included the following: Shares issued and outstanding: Common stock, $1 par Nonconvertible preferred stock, $50 par On July 21, 2021, Hardaway issued a 25% stock dividend on its common stock. On December 12, it paid $80,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2021, was $5,000,000. $1,100,000 30,000 Required: Compute Hardaway's earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Do not round intermediate calculations.) Numerator Denominator = Earnings per Share = BigTech, Inc. included the following disclosure note in an annual report: Share-Based Compensation (in part) compensation expense related to these grants is based on the grant date fair value of the RSUS and is recognized on a straight-line basis over the applicable service period. The following table summarizes the activities for our unvested RSUs for the year ended December 31, 2017: Weighted Average Grant Date Fair Value Unvested at December 31, 2016 Granted Vested Forfeited Unvested at December 31, 2017 Number of Shares (in thousands) 115,844 $4,758 (48,950) (16,267) 105,385 $21.66 33.31 17.24 25.59 $ 28.70 Required: ended December 31, 2018, for 1. Assuming a four-year vesting period. I much mpensation expense did BigTech report in the ye the restricted stock units granted during the year ended December 31, 2017? 2. Based on the information provided in the disclosure note, prepare the journal entry that summarizes the vesting of RSUS during the year ended December 31, 2017. (BigTech's common shares have a par amount per share of $0.000006.) D Complete this question by entering your answers in the tabs below. 0 1. Assuming a four-year vesting period, how much compensation expense did BigTech report in the year ended December 31, 2018, for the restricted stock units granted during the year ended December 31, 2017? 2. Based on the information provided in the disclosure note, prepare the journal entry that summarizes the vesting of RSUS during the year ended December 31, 2017. (BigTech's common shares have a par amount per share of $0.000006.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assuming a four-year vesting period, how much compensation expense did BigTech report in the year ended December 31, 2018, for the restricted stock units granted during the year ended December 31, 2017? (Enter your answer in millions rounded to nearest whole number. (i.e., 10,000,000 should be entered as 10).) Compensation expense million Required 2 > N Required 1 Required 2 Based on the information provided in the disclosure note, prepare the journal entry that summarizes the vesting of RSUS during the year ended December 31, 2017. (BigTech's common shares have a par amount per share of $0.000006.) (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Enter your answers in whole dollars.) View transaction list Journal entry worksheet 1 Record the entry that summarizes the vesting of RSUS during the year ended December 31, 2017. Note: Enter debita before credits. Date December 31, 2017 General Journal Debit Credit Show less A Step by Step Solution
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