The Professional Flying Co had 20,000 shares at the beginning of 2010 . On 3/1/2010, 24,000 additional shares were issued. 2,000 shares were reacquired and retired on 7/1/2010 . 12,000 additional shares were issued on 12/1/2010 . The weighted average number of shares for 2010 is ________
a. 39,000
b. 40,000
c. 41,000
d. 54,000
b
You might also like to view...
An industrial manufacturer that works with one or a few large clients and develops products that only these clients will use is most likely to implement a(n) ________ strategy
A) undifferentiated targeting B) homogeneous C) customized marketing D) bottom-of-the-pyramid E) differentiated targeting
When constructing an organizational structure, managers need to consider ____ positions, which are directly involved in operational activities, and ____ positions, which are advisory and facilitative
a. Line, Staff b. Staff, Line c. Formal, Informal d. Informal, Formal
LIBOR is the acronym for London Interbank Offer Rate, which is an average of interest rates offered by London banks to U.S. corporations.?
Answer the following statement true (T) or false (F)
On May 1, Sellers Marketing Company received $1,500 from Franco Marcelli for a marketing campaign effective from May 1 of the current year to April 30 of the following year. The Cash receipt was recorded as unearned fees and at year-end on December 31, $1,000 of the fees had been earned. Assuming adjustments are only made at year-end, the adjusting entry on December 31 would be:
A. A debit to Fees Earned and a credit to Unearned Fees for $500. B. A debit to Unearned Fees and a credit to Fees Earned for $1,000. C. A debit to Unearned Fees and a credit to Cash for $500. D. A debit to Fees Earned and a credit to Cash for $500. E. A debit to Fees Earned and a credit to Cash for $1,000.