Barron Company granted 8 million of its no par common shares to executives, subject to forfeiture if employment is terminated within three years. The common shares have a market price of $3 per share on January 1, 2021, the grant date. When calculating diluted EPS at December 31, 2022, what will be the net increase in the denominator of the EPS fraction if the market price of the common shares averaged $4 per share during 2022? A. 6 million B. 2.67 million C. 2 million D. 8 million
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- Isadore Bell Company granted 8 million of its no par common shares to executives, subject to forfeiture if employment is terminated within three years. The common shares have a market price of $3 per share on January 1, 2021, the grant date. When calculating diluted EPS at December 31, 2022, what will be the net increase in the denominator of the EPS fraction if the market price of the common shares averaged $4 per share during 2022?Niles Company granted 42 million of its no par common shares to executives, subject to forfeiture if employment is terminated within three years. the common shares have a market price of 14 per share on january 1, 2017, the grant date of the restricted stock award. when calculating dilluted EPS at december 31,2018, what will be the net increase in the denominator of teh EPS fraction if the market price of teh common shares averaged 14 per share during 2018?Niles Company granted 9 million of its no par common shares to executives, subject to forfeiture if employment is terminated within three years. The common shares have a market price of $5 per share on January 1, 2015, the grant date of the restricted stock award. When calculating diluted EPS at December 31, 2016, what will be the net increase in the denominator of the EPS fraction if the market price of the common shares averaged $5 per share during 2016?
- Niles Company granted 36 million of its no par common shares to executives, subject to forfeiture if employment is terminated within three years. The common shares have a market price of $12 per share on January 1, 2020, the grant date of the restricted stock award. When calculating diluted EPS at December 31, 2021, what will be the net increase in the weighted-average number of shares outstanding if the market price of the common shares averaged $12 per share during 2021?In 2021, a company issued 1,000,000 no-par value ordinary shares for P1.15 per share. The stated value of the shares is P1. Also, during the year, some potential shareholders of the company subscribed for 800,000 of the same ordinary shares for P1.20 per share and made a 40% downpayment. What is the amount of the company's legal capital in 2021?GMA Co. had 900,000 ordinary shares issued and outstanding at December 31, 2019. On July 1, 2020 an additional 750,000 shares were issued for cash. GMA Co. also had share options outstanding at the beginning and end of 2020 which allow the holders to purchase 225,000 ordinary shares at P20 per share. The average market price of GMA Co.'s ordinary shares was P25 during 2020. What is the number of shares that should be used in computing diluted earnings per share for the year ended December 31, 2020?A. 1,695,000B. 1,455,000C. 1,331,250D. 1,320,000
- GMA Co. had 900,000 ordinary shares issued and outstanding at December 31, 2019. On July 1, 2020 an additional 750,000 shares were issued for cash. GMA Co. also had share options outstanding at the beginning and end of 2020 which allow the holders to purchase 225,000 ordinary shares at P20 per share. The average market price of GMA Co.'s ordinary shares was P25 during 2020. What is the number of shares that should be used in computing diluted earnings per share for the year ended December 31, 2020? A. 1,695,000 B. 1,455,000 C. 1,331,250 D. 1,320,000 E. answer not givenABS Co. had 900,000 ordinary shares issued and outstanding at December 31, 2019. On July 1, 2020 an additional 750,000 shares were issued for cash. ABS Co. also had share options outstanding at the beginning and end of 2020 which allow the holders to purchase 225,000 ordinary shares at P20 per share. The average market price of ABS Co.'s ordinary shares was P25 during 2020. What is the number of shares that should be used in computing diluted earnings per share for the year ended December 31, 2020? * a.) 1,695,000 b.) 1,455,000 c.) 1,331,250 d.) 1,320,000 e.) answer not givenIn 2021, wow company issued 1,000,000 no-par value ordinary shares for P1.15 per share. The stated value of the shares is P1. Also, during the year, some potential shareholders of the company subscribed for 800,000 of the same ordinary shares for P1.20 per share and made a 40% down-payment. What is the amount of the company’s legal capital in 2021?
- Venzuela Company's net income for 2020 is $50,000. The only potentially dilutive securities outstanding were 1,000 options issued during 2019, each exercisable for one share at $6. None has been exercised, and 10,000 shares of common were outstanding during 2020. The average market price of Venzuela's stock during 2020 was $20. Instructions a. Compute diluted earnings per share. (Round to nearest cent.) b. Assume the same facts as those assumed for part (a), except that the 1,000 options were issued on October 1, 2020 (rather than in 2019). The average market price during the last 3 months of 2020 was $20.NEED ASAP. Solve correctly and show your computations. In 2020, ABC Corporation issued 50,000 shares of P10 par value for P100 per share. In 2021, the entity reacquired 2,000 shares at P150 per share and immediately canceled these 2,000 shares. In connection with the retirement of shares, what amount should be debited to Share Premium, and Retained Earnings, respectively?Delta NV has share capital of $l m in shares of $0.25 each. At 31 May 2019 shares had a market value of $1.1 each. On 1 June 2009 the company makes a rights issue of 1 share for every 4 held at $0.6 per share. Its profits were $500,000 in 2019 and $440,000 in 2018. The year-end is 30 November. Required: Calculate (a) the theoretical ex-rights price; (b) the bonus issue factor; (c) the basic earnings per share for 2018; (d) the basic earnings per share for 2019.
