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

Question

1 Approved Answer

Warrants exercisable at $20 each to obtain 92000 shares of common stock were outstanding during a period when the average market price of the common

Warrants exercisable at $20 each to obtain 92000 shares of common stock were outstanding during a period when the average market price of the common stock was $25. Application of the treasury stock method for the assumed exercise of these warrants in computing diluted earnings per share will increase the weighted average number of outstanding shares by

23000.

18400.

92000.

73600.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

Cost Management Strategies For Business Decisions

Cost Management Strategies For Business Decisions

Authors: Ronald Hilton, Michael Maher, Frank Selto

3rd Edition

0072830085, 978-0072830088

More Books

Students also viewed these Accounting questions

Question

★★★★★
Prairie Insurance sells life insurance, disability insurance, vehicle insurance, crop insurance, and homeowners' insurance. You are employed by Prairie Insurance and have been promoted to sales...

Answered: 1 week ago

Question

★★★★★
What is the chasm effect in relation to new product adoption? Provide three new examples of how consumers cope with the paradoxes of technology.

Answered: 1 week ago

Question

★★★★★
Using the Body Fat data set with body density as the response variable and abdomen circumference as the explanatory variable (a) fit a simple linear regression model relating density to abdomen...

Answered: 1 week ago

Question

★★★★★
1. What factors might have enabled JLR to raise new debt at less than half the coupon rate of interest in 2015 compared with the debt raised in 2011? 2. Compute the amount at which existing...

Answered: 1 week ago

Question

★★★★★
Which of the following statements is correct? a. A person treated as a resident of the United States in a given year would never be subject to Canadian income tax for that year on any of that...

Answered: 1 week ago

Question

★★★★★
What can't be cured must be obscured from the book The myth and Mystery of Motivation and Decision making in your Ropes Text

Answered: 1 week ago

Question

★★★★★
What are Rare Earth Elements (REE)? 2) What products use REE? 3) What country produces the most REE? 4) Discuss the geo-political impacts of the current situation regarding REE. 5) Do you have any...

Answered: 1 week ago

Question

★★★★★
Employee ( EmpID , FName, LName, Address, DOB, Sex, SSN , DriverLisNo) EmpInf (EmpID, DivisionID, Position, HireDate, TerminationDate) EmpSal (EmpID, Position, Salary) Inventory (ProductNo, ProdName,...

Answered: 1 week ago

Question

★★★★★
Short Answer 5 Questions 15 marks Calculate the answers to the questions, make sure you input values for each textbox. Each input can have multiple entries, don't forget to include units where...

Answered: 1 week ago

Question

★★★★★
Assume that an investment provides the following cash inflows over a three-year period: Year 1 Year 2 $ 5,000 Year 3 Total 5,000 7,000 $ 17,000 Click here to view Exhibit 14B-1 and Exhibit 14B-2, to...

Answered: 1 week ago

Question

★★★★★
The function f(x) is graphed below. It has domain (-, -3) U (-3, ). 10 y -10 -5 5 5 10 x 5 10 Find the absolute maximum and absolute minimum y-values of f(x) on the given intervals, if they exist....

Answered: 1 week ago

Question

★★★★★
3. The authors of Random Acts of Kindness tell us that the little things we do for others can have big payoffs. These acts give us an outward focus that helps us move away from selfpreoccupation....

Answered: 1 week ago

Question

★★★★★
1. Some human resource department employees voice concerns when supervisors or team leaders get involved with the everyday problems of their workers. Discuss your thoughts regarding this issue.

Answered: 1 week ago

Question

★★★★★
3. To learn more about how emotions influence your thinking and behavior, complete each of the following sentences. Once you have completed them all, reflect on your written responses.

Answered: 1 week ago

Previous Question Next Question