Business, 21.08.2019 03:10, sydneykated
On december 31, 2015, berclair inc. had 600 million shares of common stock and 16 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. on march 1, 2016, berclair purchased 30 million shares of its common stock as treasury stock. berclair issued a 4% common stock dividend on july 1, 2016. four million treasury shares were sold on october 1. net income for the year ended december 31, 2016, was $800 million. also outstanding at december 31 were incentive stock options granted to key executives on september 13, 2011. the options were exercisable as of september 13, 2015, for 63 million common shares at an exercise price of $60 per share. during 2016, the market price of the common shares averaged $70 per share. the options were exercised on september 1, 2016.required: compute berclair’s basic and diluted earnings per share for the year ended december 31, 2016. (enter your answers in millions (i. e., 10,000,000 should be entered as
Answers: 1
Business, 22.06.2019 15:00, cheyfaye4173
Oerstman, inc. uses a standard costing system and develops its overhead rates from the current annual budget. the budget is based on an expected annual output of 120,000 units requiring 480,000 direct labor hours.(practical capacity is 500,000 hours)annual budgeted overhead costs total $772,800, of which $556,800 is fixed overhead. a total of 119,300 units, using 478,000 direct labor hours, were produced during the year. actual variable overhead costs for the year were $260,400 and actual fixed overhead costs were $555,450.required: 1. compute the fixed overhead spending variance and indicate if favorable or unfavorable.2. compute the fixed overhead volume variance and indicate if favorable or unfavorable.
Answers: 3
Business, 22.06.2019 20:30, DrippyGanja
What could cause a production possibilities curve to move down and to the left? a.) a nation loses land after being defeated in a war. b.) an increase in the use of computer technology speeds up production c.) a baby boom 20 years ago results in a large number of young adults in the population today. d.) thousands of investors from overseas invest money in a nations economy.
Answers: 1
Business, 23.06.2019 07:00, ciarrap552
An employer takes a deduction from your paycheck for federal taxes. where does this money go? -the money is sent to the federal government to pay for goods and services for the community. -the money is sent to the mayor. -the money is sent to the federal government and deposited in a retirement account. -the money is sent to the social security fund.
Answers: 3
On december 31, 2015, berclair inc. had 600 million shares of common stock and 16 million shares of...
Mathematics, 13.12.2020 22:20
Mathematics, 13.12.2020 22:20
Mathematics, 13.12.2020 22:20
Mathematics, 13.12.2020 22:20
Mathematics, 13.12.2020 22:20