{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T04:43:32-04:00", "answer_date": "2024-06-28 04:43:32", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4241565", "url": "\/study-help\/questions\/on-december-31-2010-superior-inc-had-600000-shares-of-4241565", "question_creation_date_js": "2024-06-28T04:43:32-04:00", "question_creation_date": "Jun 28, 2024 04:43 AM", "meta_title": "[Solved] On December 31, 2010, Superior, Inc. had | SolutionInn", "meta_description": "Answer of - On December 31, 2010, Superior, Inc. had 600,000 shares of common stock issued and outstanding. Superior issued a 10 p | SolutionInn", "meta_keywords": "december,31,2010,superior,inc,600,000,shares,common,stock,issued,outstanding,10", "question_title_h1": "On December 31, 2010, Superior, Inc. had 600,000 shares of common stock issued and outstanding. Superior issued a 10 percent stock dividend on July 1,", "question_title": "On December 31, 2010, Superior, Inc. had 600,000 shares of common stock", "question_title_for_js_snippet": "On December 31, 2010, Superior, Inc had 600,000 shares of common stock issued and outstanding Superior issued a 10 percent stock dividend on July 1, 2011 On October 1, 2011, Superior reacquired 48,000 shares of its common stock and recorded the purchase using the cost method of accounting for treasury stock What number of shares should be used in computing basic earnings per share for the year ended December 31, 2011 a 612,000 b 618,000 c 648,000 d 660,000 can you show to get to the answer pease", "question_description": "On December 31, 2010, Superior, Inc. had 600,000 shares of common stock issued and outstanding. Superior issued a 10 percent stock dividend on July 1, 2011. On October 1, 2011, Superior reacquired 48,000 shares of its common stock and recorded the purchase using the cost method of accounting for treasury stock. What number of shares should be used in computing basic earnings per share for the year ended December 31, 2011? a. 612,000 b. 618,000 c. 648,000 d. 660,000 can you show to get to the answer pease", "transcribed_text": "", "related_book": { "title": "Income Tax Fundamentals 2013", "isbn": "1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516", "edition": "31st Edition", "authors": "Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1124.jpg", "uri": "\/textbooks\/income-tax-fundamentals-2013-31st-edition-9781285586618", "see_more_uri": "" }, "free_related_book": { "isbn": "1032338172", "uri": "\/textbooks\/a-spotlight-on-the-history-of-ancient-egyptian-medicine-1st-edition-978-1032338170-265182", "name": "A Spotlight On The History Of Ancient Egyptian Medicine", "edition": "1st Edition" }, "question_posted": "2024-06-28 04:43:32", "see_more_questions_link": "\/study-help\/questions\/business-corporate-finance-2020-July-01", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/in-december-2015-the-first-five-transactions-of-adams-lawn", "description": "In December 2015, the first five transactions of Adams Lawn Care Company have been posted to the T-accounts. Prepare the journal entries that served as the sources for the five transactions. Include...", "stars": 3 }, { "url": "\/study-help\/biostatistics\/use-the-minitab-output-given-in-figure-1011-for-the-1981472", "description": "Use the MINITAB output given in Figure 10.11 for the logistic regression model relating the variable Overweight, 1 when BMI 25 and 0 otherwise, to answer the following questions. (a) Write down the...", "stars": 3 }, { "url": "\/the-following-table-summarizes-the-average-annual-return-and-the", "description": "The following table summarizes the average annual return and the standard deviation of returns for several types of securities over the past 75 years. Assume annual returns in each case are...", "stars": 3 }, { "url": "\/study-help\/questions\/increasing-investment-in-the-economy-causes-the-capital-stock-to-9848994", "description": "increasing investment in the economy causes the capital stock to rise 2 an unexpected increase in the price of natural gas 6 Question 35 (2.5 points) 6 Short-run macroeconomic equilibrium occurs when...", "stars": 3 }, { "url": "\/study-help\/questions\/score-0-of-3-pts-1-of-2-0-complete-7478163", "description": "Score: 0 of 3 pts 1 of 2 (0 complete) Hw Score: 0%, 0 of 10 pts E16-29 (similar to) Question Help Enjay, Inc. is a produper of patato chips A single production process at Enjoy, There were no...", "stars": 3 }, { "url": "\/study-help\/questions\/define-the-following-term-plaintext-cryptogram-workfactor-digest-cryptanalysis-cryptovariable-844575", "description": "Define the following term: Plaintext Cryptogram Workfactor Digest Cryptanalysis Cryptovariable Collision Kerkhoff s Principle Digital signature Hybrid encryption", "stars": 3 }, { "url": "\/study-help\/questions\/after-working-for-a-large-public-accounting-firm-for-8-845265", "description": "After working for a large public accounting firm for 8 years, Juan, Frieda and Wangshu decided to forge out on their own and formed JFW Associates, starting their business on September 1 , 2 0 2 3 ....", "stars": 3 }, { "url": "\/study-help\/questions\/a-spacecraft-in-deep-space-is-isolated-from-its-surroundings-846489", "description": "A spacecraft in deep space is isolated from its surroundings and is initially moving with the velocity v shown in the diagram above. It has thrusters on a swivel that fire such that the spacecraft...", "stars": 3 }, { "url": "\/study-help\/questions\/roak-company-and-clay-company-are-similar-firms-that-operate-846861", "description": "Roak Company and Clay Company are similar firms that operate in the same industry. Clay began operations 2 years ago and Roak started 5 years ago. In the current year, both companies pay 8% interest...", "stars": 3 }, { "url": "\/study-help\/questions\/examine-the-summary-of-the-balance-of-payments-of-the-838101", "description": "Examine the summary of the balance of payments of the United States for 2021. Compute and discuss the balance on the current account and its subaccounts. A Summary of the U.S. Balance of Payments for...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/ddont-know-how-answer-this-904-practice-questions-readonly-4241564", "next": "\/study-help\/questions\/here-is-the-requirement-about-the-fraud-detection-please-be-4241566" }, "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": "On December 31, 2010, Superior, Inc. had 600,000 shares of common stock", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/on-december-31-2010-superior-inc-had-600000-shares-of-4241565" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } } } }