hen applying the treasury stock method for diluted earnings per share, the market price of the common stock used for the repurchase is the price at the end of the year. average market price. price at the beginni
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- Treasury stock should be reported Group of answer choices in the Investments and Funds section of the balance sheet. as a deduction from total stockholders’ equity on the balance sheet. as a current asset only if it will be sold within the next year or the operating cycle, whichever is longer. as a current asset only if it will be sold within the next year or the operating cycle, whichever is shorter.How should a "gain" from the sale of treasury stock be reflected when using the cost method of recording treasury stock transactions? Choices; As ordinary earnings shown on the income statement. As an increase in the amount shown for common stock. As treasury shares premium As an extraordinary item shown on the income statement.When calculating the weighted average shares of common stock outstanding, how should companies adjust for stock dividends? O They should be weighted by the number of days outstanding. O They should be considered outstanding at the beginning of the year. O They should be weighted by the number of months outstanding. O They should be considered outstanding at the mid-point of the year.
- What does the additional paid-in capital account represent?a) The difference between the par and the stated value of common stock.b) The price changes that result for stock trading subsequent to its original issue.c) The market price of all common stock issued.d) The amount by which the original sales price of stock exceeds the par value.25. For financial reporting purposes of stock appreciation rights, (1) Compensation expense is recorded in each period prior to exercise based on the excess of market value at the end of each period over a predetermined amount. (2) Compensation expense is adjusted up or down as the market value of the stock changes before the measurement date (which is the exercise date). Therefore, compensation expense could be credited (reduced) if the stock’s market value drops from one period to the next. a. neither S1 nor S2 is correct b. S1 and S2 are correct c. only S1 is correct d. only S2 is correctWhen computing diluted earnings per share, which of the following will not be considered in the calculation? O Dividends paid on common stock. O The weighted average common shares. O The effect of stock splits. O The number of convertible bonds
- hen treasury stock is sold for less than its cost, the entry should include a debit toa. Gain on Sale of Treasury Stock.b. Loss on Sale of Treasury Stock.c. Retained Earnings.d. Paid-in Capital in Excess of ParA stock has had the following year-end prices and dividends: Year Price Dividend 1 $ 64.93 — 2 71.80 $ .72 3 77.60 .77 4 63.87 .83 5 74.31 .92 6 85.75 .99 What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)A stock has had the following year-end prices and dividends: Year Price Dividend 1 $ 64.23271.10 $.58 3 76.90.63 4 63.17 .69 5 72.91.78 6 78.75 .85 What are the arithmetic and geometric returns for the stock? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.
- Share price, current market price and stock price is the same thing. Normally year end stock price will stated under what data in the company's financial?A stock has had the following year-end prices and dividends: Year Price Dividend 1 $ 43.45 - 2 48.43 $ .72 3 57.35 .75 4 45.43 .80 5 52.35 .85 6 61.43 .93 What are the arithmetic and geometric average returns for the stock? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Arithmetic average return % Geometric average return %In applying the treasury shares (i.e., cash in/cash out) method to determine the dilutive effect of shares, options and warrants, the proceeds assumed to be received upon exercise of the options and warrants Select one: a. are used to calculate the number of common shares repurchased at the average market price, when calculating diluted earnings per share. b. are added, net of tax, to the numerator of the calculation for diluted earnings per share. c. are disregarded in the calculation of earnings per share if the exercise price of the options and warrants is less than the ending market price of common shares. d. are deducted from the income available to common share holders. e. None of the above.