Nagy Industries reported a net income of $719,369 on December 31, 2021. At the beginning of the year, the company had 600,000 common shares outstanding. On April 1, the company sold 33,000 shares for cash. On August 31, the company issued 60,000 additional shares as part of a merger. On December 1, 2021, the company declared and issued a 12% stock dividend. Required:
Compute Nagy's net income that would produce a basic EPS of $2.00 per share for 2021.

Answer the following questions using the information below: southwestern college is planning to hold a fund raising banquet at one of the local country clubs. it has two options for the banquet: option one: crestview country club a. fixed rental cost of $1,000 b. $12 per person for food option two: tallgrass country club a. fixed rental cost of $3,000 b. $8.00 per person for food southwestern college has budgeted $1,800 for administrative and marketing expenses. it plans to hire a band which will cost another $800. tickets are expected to be $30 per person. local business supporters will donate any other items required for the event. which option has the lowest breakeven point?

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?

Why is investing in a mutual fund less risky than investing in a particular company’s stock?