Business, 04.04.2020 07:36 dennisedemirovic20

On December 31, 2020, Jackson Company had 100,000 shares of common stock outstanding and 24,000 shares of 7%, $50 par, cumulative preferred stock outstanding. On February 28, 2021, Jackson purchased 16,000 shares of common stock on the open market as treasury stock for $27 per share. Jackson sold 5,200 treasury shares on September 30, 2021, for $29 per share. Net income for 2021 was $172,905. Also outstanding during the year were fully vested incentive stock options giving key executives the option to buy 42,000 common shares at $32. The market price of the common shares averaged $31 during 2021. Required: Compute Jackson's basic and diluted earnings per share for 2021. (Round your answers to 2 decimal places.)

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 16:00

Straight arrow unloaded two tankers worth of toxic waste at an important port in the country of urithmea. a hundred workers worked two days in their shorts and sandals to unload the barrels from the tankers for $5 a day. they were not told about the content of the barrels. some observers felt that it was the obligation of not just the government of urithmea but also of straight arrow to ensure that no harm was done to the workers. these observers are most likely

Answers: 2

Answer

Business, 21.06.2019 18:10

Classifying inflows and outflows of cash classify each of the following items as an inflow (i) or an outflow (o) of cash, or as neither (n). lg 2 lg 2 item change ($) item change ($) cash +100 accounts receivable −700 accounts payable −1,000 net profits +600 notes payable +500 depreciation +100 long-term debt −2,000 repurchase of stock +600 inventory +200 cash dividends +800 fixed assets +400 sale of stock +1,000

Answers: 1

Answer

Business, 22.06.2019 11:00

Which statement best describes the variety of workplaces commonly found in the health science career cluster? a. workplaces in this cluster include healthcare facilities such as hospitals, physician offices, and clinics. b. workplaces in this cluster include healthcare facilities, laboratories, and other environments such as offices or homes. c . workplaces in this cluster include nonprofit hospitals, government-run clinics, and private physicians' offices. d. workplaces in this cluster include private and nonprofit hospitals and clinics, and dentists' offices.

Answers: 1

Answer

Business, 22.06.2019 11:30

On average, someone with a bachelor's degree is estimated to earn times more than someone with a high school diploma. a)1.2 b)1.4 c)1.6 d)1.8

Answers: 1

Answer

You know the right answer?

On December 31, 2020, Jackson Company had 100,000 shares of common stock outstanding and 24,000 shar...

Questions