The alford group had 202,000 shares of common stock outstanding at january 1, 2021. the following activities affected common shares during the year. there are no potential common shares outstanding.
2021
feb. 28 purchased 6,000 shares of treasury stock.
oct. 31 sold the treasury shares purchased on february 28.
nov. 30 issued 24,000 new shares.
dec. 31 net income for 2021 is $400,000.
2022
jan. 15 declared and issued a 2-for-1 stock split.
dec. 31 net income for 2022 is $400,000.
required:
1. determine the 2021 eps. (do not round intermediate calculations.)
2. determine the 2022 eps.
3. at what amount will the 2021 eps be presented in the 2022 comparative financial statements?

What are some of the miranda restrictions on questioning someone?

The sec has historically raised questions regarding the independence of firms that derive a significant portion of their total revenues from one audit client or group of clients because the sec staff believes this situation causes cpa firms to

Exercise 18-15 sheffield appliance center is an experienced home appliance dealer. sheffield appliance center also offers a number of services for the home appliances that it sells. assume that sheffield appliance center sells ovens on a standalone basis. sheffield appliance center also sells installation services and maintenance services for ovens. however, sheffield appliance center does not offer installation or maintenance services to customers who buy ovens from other vendors. pricing for ovens is as follows. oven only $790 oven with installation service 850 oven with maintenance services 970 oven with installation and maintenance services 990 in each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $180. additionally, the incremental amount charged by sheffield appliance center for installation approximates the amount charged by independent third parties. ovens are sold subject to a general right of return. if a customer purchases an oven with installation and/or maintenance services, in the event sheffield appliance center does not complete the service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $790. assume that a customer purchases an oven with both installation and maintenance services for $990. (b) indicate the amount of revenue that should be allocated to the oven, the installation, and to the maintenance contract.