Binary Controls Inc.had 250,000 shares of common stock outstanding at the end of 2012.During 2013 and 2014,the following transactions took place.
Binary Controls Inc.has a simple capital structure.
Compute the weighted average number of shares for 2013 and 2014 to be used in the earnings per share computation for comparative financial statements at the end of 2014.
Correct Answer:
Verified
Q66: On December 31,2014,Luanne Inc.had outstanding 180,000 shares
Q67: On December 31,2012,Bugler Travel Inc.had 450,000 shares
Q68: At December 31,2013,Kissit Inc.had 400,000 shares of
Q69: Assume a company had net income of
Q70: The following information relates to the Tykex
Q72: Statement of Financial Accounting Standards No.128,"Earnings Per
Q74: Which of the following is correct regarding
Q74: The income statement of Faster Computers,Inc.showed the
Q75: During all of 2014 Rambler Manufacturing Company
Q76: During 2014,Belladonna Corp.had outstanding 125,000 shares of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents