The following information has been obtained from the Mastic Corporation: 550,000 shares of common stock were outstanding on January 1, 2018.
Bonds convertible into 50,000 shares of common stock were issued on July 1, 2018; the bonds have been determined to be dilutive.
36,000 shares of common stock were issued on November 1, 2018.
24,000 shares of common stock were purchased on December 1, 2018.
What is the weighted average number of shares to be used in the calculation of diluted earnings per share for 2018?
A. 587,000
B. 604,000
C. 612,000
D. 579,000
Answer: D
You might also like to view...
Which of the following is a strength of the trait approach?
A. it includes behaviors as a central component B. it is used in many leadership training and development programs C. it helps followers fulfill their need to see their leaders as gifted and special D. it has a definitive set of traits that researchers agree upon
What is the target full product cost in total for the year? Assume all units produced are sold.
Determinant Company is a price-taker and uses a target-pricing approach. Refer to the following information:
A) $90,150
B) $18,349,000
C) $13,900,000
D) $2,085,000
Which of the following is a difference between phone interviews and virtual interviews??
A) In a phone interview, the candidate meets individually with a number of different interviewers, whereas in a virtual interview, interviewees meet face-to-face with only one interviewer.? B) ?In a phone interview, an interviewer meets with an interviewee and follows a predetermined agenda, whereas in a virtual interview, there is a free-wheeling exchange of ideas between an interviewer and an interviewee. C) ?Phone interviews are a form of stress interviews, whereas virtual interviews are a form of series interviews. D) ?Phone interviews are often used to narrow the pool of applicants who will be invited for in-person interviews, whereas virtual interviews help widen the applicant pool.
A common arrival time pattern can be described by which statistical distribution?
a. Weibull b. Poisson c. Binomial d. Normal