Business
Business, 08.04.2021 17:00, shaylarreyes

On December 31, 2020, Berclair Inc. had 440 million shares of common stock and 8 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2021, Berclair purchased 36 million shares of its common stock as treasury stock. Berclair issued a 5% common stock dividend on July 1, 2021. Six million treasury shares were sold on October 1. Net income for the year ended December 31, 2021, was $750 million. Required: Compute Berclair's earnings per share for the year ended December 31, 2021. (Enter your answers in millions (i. e., 10,000,000 should be entered as 10).)

answer
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 20:30, sjanem03
Which of the following statements regarding the learning curve and economies of scale is accurate? answers: just as diseconomies of scale are presumed to exist if a firm gets too large, there is a corresponding increase in costs in the learning-curve model as the cumulative volume of production grows. where diseconomies of scale are presumed to exist if a firm gets too large, there is no corresponding increase in costs in the learning-curve model as the cumulative volume of production grows. where diseconomies of scale are presumed to exist if a firm gets too small, there is no corresponding increase in costs in the learning-curve model as the cumulative volume of production grows. just as diseconomies of scale are presumed to exist if a firm gets too small, there is a corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.
Answers: 1
image
Business, 22.06.2019 04:40, boomerjm
How long have u been on dis website
Answers: 2
image
Business, 22.06.2019 07:00, zayam1626
Imagine you own an established startup with growing profits. you are looking for funding to greatly expand company operations. what method of financing would be best for you?
Answers: 2
image
Business, 22.06.2019 09:30, byron17
Oliver's company is planning the launch of their hybrid cars. the company has included "never-before-seen" product benefits in the hybrid cars. which type of advertising should oliver's company use for the new cars?
Answers: 1
Do you know the correct answer?
On December 31, 2020, Berclair Inc. had 440 million shares of common stock and 8 million shares of 9...

Questions in other subjects: