A company had the following amounts of common stock outstanding: 9,000 shares from January through April, 15,000 shares from May through October, and 25,000 shares from November through December. What is the weighted-average number of shares rounded to nearest dollar used in earnings per share calculations?
a. 25,000
b. 13,917
c. 49,000
d. 14,667
D
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The internal control significance of the excess materials requisition is that it
a. indicates the amount of material released to work centers b. identifies materials used in production that exceed the standard amount allowed c. indicates the standard quantities required for production d. documents the return to raw materials inventory of unused production materials
Which of the following is a characteristic of an inside sales force?
A) It travels to make sales calls on customers in the field. B) It receives administrative backup from outside sales forces. C) It cannot sell or service accounts directly. D) It eliminates the need to have an outside sales force. E) It conducts business from an office via telephone.
There is no specific industry standard for ROMI
Indicate whether the statement is true or false
Stock warrants outstanding should be classified as
a. liabilities. b. reductions of capital contributed in excess of par value. c. capital stock. d. additions to contributed capital. e. None of these choices is correct.