FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

The following information is available for Bramble Corp.: January 1, 2021 Shares outstanding 3950000 April 1, 2021 Shares issued 632000 July 1, 2021 Treasury shares

The following information is available for Bramble Corp.:

January 1, 2021 Shares outstanding

3950000
April 1, 2021 Shares issued

632000
July 1, 2021 Treasury shares purchased

162000
October 1, 2021 Shares issued in a 100% stock dividend

4420000

The number of shares to be used in computing earnings per common share for 2021 is

8726000.

8686000.

5426000.

9007600.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

2. Ask several students to explain the directions.

Answered: 1 week ago

Question

★★★★★
Ryan Murphy, nephew of the author, swims for the University of California at Berkeley. Ryan's best time in the 100-meter backstroke is 45.3 seconds. The mean of all NCAA swimmers in this event is...

Answered: 1 week ago

Question

★★★★★
Staley Co. manufactures computer monitors. The following is a summary of its basic cost and revenue data: Per Unit Percent Sales price $525 100 Variable costs 300 57 Unit contribution margin $225 43...

Answered: 1 week ago

Question

★★★★★
How do we reflect risk in DCF modeling? What factors can be adjusted in the model inputs to represent a higher risk versus lower risk projects?

Answered: 1 week ago

Question

★★★★★
Time left 1:11:34 Last season, Fairfield Farms sold strawberries as follows: 1501 boxes at $1.51 per pound in the early part of the season; 3598 boxes at $1.49 per pound at the height of the season;...

Answered: 1 week ago

Question

★★★★★
An object produced by some kind of machine turns out to be 10% defective. 10 items were taken randomly from the production for investigation. What is the probability that the object under...

Answered: 1 week ago

Question

★★★★★
According to Andy Challenger, senior vice president of outplacement firm ChallengerGray & Christmas, approximately how many job cuts haver companies attributed to Al since last May?

Answered: 1 week ago

Question

★★★★★
Use the Porter's five force model as a guide for the oncology industry. Firm level impact may include new business model, a shift in strategic positioning and changes in organizational structure,...

Answered: 1 week ago

Question

★★★★★
Xiaomi In 2010, Lei Jun founded Xiaomi, an electronics company based in Beijing, China. The electronics company started as software and created MIUI ROM based on Google's Android. The idea behind...

Answered: 1 week ago

Previous Question Next Question