subject
Business, 20.09.2020 04:01 babyari18

On January 1, 2017, Vaughn Industries had stock outstanding as follows. 6% Cumulative preferred stock, $100 par value, issued and outstanding 9,200 shares $920,000 Common stock, $10 par value, issued and outstanding 205,000 shares 2,050,000 To acquire the net assets of three smaller companies, Vaughn authorized the issuance of an additional 162,000 common shares. The acquisitions took place as shown below. Date of Acquisition. Shares Issued Company A April 1, 2017 51,600 Company B July 1, 2017 80,400 Company C October 1, 2017 30,000 On May 14, 2017, Vaughn realized a $87,600 (before taxes) insurance gain on discontinued operations. On December 31, 2017, Vaughn recorded income of $303,600 from continuing operations (after tax). Assuming a 50% tax rate, compute the earnings per share data that should appear on the financial statements of Vaughn Industries as of December 31, 2017.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 05:00
Which of the following differentiates cost accounting and financial accounting? a. the primary users of cost accounting are the investors, whereas the primary users of financial accounting are the managers. b. cost accounting measures only the financial information related to the costs of acquiring fixed assets in an organization, whereas financial accounting measures financial and nonfinancial information of a company's business transactions. c. cost accounting measures information related to the costs of acquiring or using resources in an organization, whereas financial accounting measures a financial position of a company to investors, banks, and external parties. d. cost accounting deals with product design, production, and marketing strategies, whereas financial accounting deals mainly with pricing of the products.
Answers: 3
question
Business, 22.06.2019 05:30
Identify the three components of a family's culture and provide one example from your own experience
Answers: 2
question
Business, 22.06.2019 15:40
Acompany manufactures x units of product a and y units of product b, on two machines, i and ii. it has been determined that the company will realize a profit of $3 on each unit of product a and $4 on each unit of product b. to manufacture a unit of product a requires 7 min on machine i and 5 min on machine ii. to manufacture a unit of product b requires 8 min on mchine i and 5 min on machine ii. there are 175 min available on machine i and 125 min available on machine ii in each work shift. how many units of a product should be produced in each shift to maximize the company's profit p?
Answers: 2
question
Business, 22.06.2019 16:00
In microeconomics, the point at which supply and demand meet is called the blank price
Answers: 3
You know the right answer?
On January 1, 2017, Vaughn Industries had stock outstanding as follows. 6% Cumulative preferred stoc...
Questions
question
History, 28.08.2019 12:10
question
Mathematics, 28.08.2019 12:10
question
Social Studies, 28.08.2019 12:10
Questions on the website: 13722367