For the year ended December 31, 2021, Norstar Industries reported net income of $965,000. At January 1, 2021, the company had 1,070,000 common shares outstanding. The following changes in the number of shares occurred during 2021: Apr. 30 Sold 85,000 shares in a public offering.May 24 Declared and distributed a 5% stock dividend.June 1 Issued 96,000 shares as part of the consideration for the purchase of assets from a subsidiary.Required:Compute Norstar's earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Round "EPS" answer to 2 decimal places. Do not round intermediate calculations.) Numerator = ? Denominator = ?Earnings per share = ?

Answers

Answer 1

Answer:

0.78

Explanation:

The computation of the earning per share is given below;

= $965,000 ÷ 1,239,000

= 0.78

The 1,239,000 comes from

= 1,070,000 × 12 ÷ 12 + 85000 × 8 ÷ 12 + 96,000 × 7 ÷ 12 + (1,070,000 + 56,667) × 5%

= 1,070,000 + 56,667 + 56,000 + 56,333

= 1,239,000


Related Questions

logical fallacy Well, what form of government do you want, a government by liberal do-gooders ready to spend your hard-earned dollars or a government led by business minds that understand how to live within a tight budget and generate jobs that put people to work. Group of answer choices

Answers

Answer:

i don´t nou sorry

Explanation:

A client has a third-degree burn on the leg. The wound is being treated by the open method. After about 4 days, a hard crust has formed around the leg and is impairing the circulation to the leg. What procedure would be done to relieve pressure on the affected area?
A. escharotomy
B. debridement
C. allograft
D. silvadene application

Answers

your answer is third hope it's helpful to you

Allograft procedure would be done to relieve pressure on the affected area.

What is Allograft?

Allograft refers to the transplant of an organ or tissue from one person of the same species to another with a different genotype. For instance, an allograft is a transplant from one individual to another who is not an identical twin. Many human transplants, including those involving cadaveric, live related, and living unrelated donors, use allografts. also referred to as a homograft or an allogeneic graft.

Allografts can be used in a variety of conditions with varied degrees of severity. For instance, bone allograft transplants can be utilized for more cosmetic purposes in dentistry or plastic surgery, as well as to repair limbs in orthopedics.

Allograft transplants can be employed both during the operation and directly for the treatment of patients. A type of bone putty created from donated bone or tissue material is called a demineralized bone matrix. Musculoskeletal allograft transplants are the most popular kind of allograft transplants.

This relates to one of the primary justifications for the use of allograft transplants: synthetic materials can have characteristics that differ from those of biologically human tissue and may not be appropriate for the intended application. In addition, tissue from an allograft transplant usually fuses with the recipient's own tissue over time, becoming an indistinguishable component of the recipient's body. If one's own tissue cannot be used in sufficient quantities, allograft transplants may be employed.

Tissues can be prepared for allograft transplantation using a variety of techniques. To get rid of as many cellular components as feasible, the tissue is treated with antibiotics, and detergents during aseptic processing.

It is also possible to chemically sterilize allograft tissue using the sterilization process. Gamma irradiation, a type of electromagnetic radiation that purges the tissue of microorganisms, is frequently combined with this. However, viruses might not be eliminated by gamma radiation.

Hence, correct option is C.

To learn more about allograft, click here
https://brainly.com/question/453869?
#SPJ2

What is the basis of the law of demand?
Group of answer choices

Self-interested behavior

Marginal utility

Utility curves

Market timing

Answers

market timing

Explanation:

because that way u wont miss customers

True or false: Regulations prohibit insider trading. It is illegal for anyone to transact in securities to profit from inside information, that is, private information held by officers, directors, or major stockholders that has not yet been divulged to the public. True false question. True False

Answers

Answer:

the answer for this would be true

A good manager: A. gives advice freely and frequently. B. is more result-oriented than relationship-oriented. C. has a judger mind-set and low self-awareness. D. schedules time for listening to employees each day. E. believes that listening too much is a sign of indecisiveness.

Answers

Answer:

B.

Explanation:

If you're asking a good manager that keeps the busniess running the answer is B because he would get the best money results.

If you mean the best manager because CO-workers like him the answer is A, but I don't think that's what you're asking so the answer is most likely B.

IF THE ANSWER IS SELECT ALL THAT APPLY,

-A

-B

-D

President Hoover's approach to the Great Depression was to a leave the economy alone to work itself out of trouble. b nationalize major industries. c encourage the states to stimulate spending. d work for the breakup of business monopolies. e offer federal assistance to businesses and banks but not individuals.

Answers

Answer:

e. offer federal assistance to businesses and banks but not individuals.

Explanation:

Herbert Clark Hoover was democratically elected as the 31st President of the United States of America and he served from the 4th of March, 1929 to the 4th, March, 1933.

The Great Depression was a period of severe economic meltdown or downturn (crisis) of the industrialized world and it started from the United States of America, typically lasting for about ten years (1929-139).

Basically, the Great Depression started in America on the 4th of September, 1929 as a result of a major fall in the prices of stocks and consequently, leading to a stock market crash on the 29th of October, 1929.

Hence, the negative effects of the Great Depression includes a decline in investments, tax revenues, market price, personal income level, consumer spending, profits and a general rise in unemployment rate.

As a result of the aforementioned negative effects, struggling businesses had to lay off workers in order to try to remain open during the Great Depression.

However, President Hoover's approach to the Great Depression was to offer federal assistance to businesses and banks but not individuals.

Other Questions
Plastic is a polymer-True-False What resulted because Georgia did not allow slavery?A. Plantations had to be divided into smaller farms.B. There wasn't enough lather to grow food crops.C. Native Americans refused to sell land to the farmers.D. Slaves from other colonies ran away to Georgia. Alonzo finish history assignment and 5/8 hours then he completed his math assignment and 1/3 hours what was the total amount of time allowed to spend doing these two assignments What do these lines tell you about the attitude men on Earth had toward any men on Mars?It is curious to recall some of the mental habits of those departed days. At most terrestrial men fancied there might be other men upon Mars, perhaps inferior to themselves and ready to welcome a missionary enterprise. (4 points)Select one:a. If they existed, they could teach humans things.b. If they existed, they would leave humans alone.c. If they existed, they would be interested in humans.d. If they existed, they would need help from humans. The Fifteenth Amendment to the United States Constitution a.ended the institution of slavery and indentured servitude throughout the United States. b.prohibited federal and state governments from denying any citizen the vote because of race. c.guaranteed women the right to vote in federal elections but did not allow them to vote in state elections. d.made the income tax constitutional for the top 30 percent of wealthy white Americans but not black southerners. Nhit dung ring ca mt cht l ? The number of music CDs sold in 1993 by one company was approximately 2.310^6.The number of music CDs sold by the same company in 2001 was approximately 7.910^7. What is the difference in CDs sold between 1993 and 2001? Please hurry I will mark you brainliest What is the slope of this? 1. Una empresa realiz una encuesta a 250 personas para saber qu programa de televisin preeren ver en domingo. Se les dieron 3 opciones: deportes, pelculas o musicales. El resultado de la encuesta fue: 130 personas preeren deportes; 80 preeren ver pelculas; 40, musicales; 25 preeren deportes y pelculas; 20, pelculas y musicales; 10, deportes y musicales; y slo a 6 personas les gustan los tres tipos de programas. a) Cuntas preeren ver slo deportes? b) Cuntas preeren ver slo un programa de televisin? c) Cuntas preeren ver pelculas o musicales? What best describes why Germany felt the Treaty of Versailles was unfair?The treaty did not honor earlier agreements about surrender.The treaty was less severe than Germany had expected.The treaty did not require the Allies to pay Germany for damages.The treaty forced Germany to follow all of Wilsons Fourteen Points. Find the intersection of the line and the circle given below 2x+y=-5x^2+y^2=10 Can someone help please What is the cardinal number of the set {-1,3,7,52,36,19,-6} Drag the tiles to the correct boxes to complete the pairs.Rebecca, Sam, Peter, and Maggie all work at a reputable telecommunications company. Match each of their job roles with their job descriptions. Complete the comparison of the metabolic pathways leading to thymine in DNA and thymine as a modified base in tRNA.Thymine in DNA occurs as the result of thymidylate synthase creating _______________ , which then undergoes ____________ to ____________, then to __________, and incorporated into DNA by ___________. Consider the following data representing the price of refrigerators (in dollars).14051405, 11211121, 13391339, 10961096, 12991299, 14011401, 11381138, 11491149, 12231223, 10711071, 13991399, 14001400, 12421242, 13181318, 11011101, 10651065, 14281428, 12251225, 13501350, 13581358, 13121312Copy DataPrice of Refrigerators (in Dollars)Class Frequency Class Boundaries Midpoint Relative Frequency Cumulative Frequency10491118 11191188 11891258 12591328 13291398 13991468 Step 2 of 7 : Determine the frequency of the fifth class. What is the direct function of the energy released from the nuclear chain reaction in a nuclear power plant? turning the blades of the turbine heating water to produce steam powering the condenser carrying electricity from the plant to consumers Which is another name for observation? 6.7.35Question HelpAs(t)800-A toy rocket is launched from the top of a building 360feet tall at an initial velocity of 112 feet/second. Theheight of the rocket t seconds after launch is given bythe equation s(t)= - 16t2 + 112t+ 360. When does therocket reach its greatest height? What is the greatestheight?600-400-200-0-0 18 9 10The rocket reaches its greatest height atfeet aftersecond(s) What skills do you have?41. What/strengths/ your/ are?____________________________________42. What/ in/ want/future/ do/ to/ you/ do/ the/?____________________________________43. What/ well/ people/ kind/ do/ work/ of/ you/ with/?____________________________________44. job/ about/ What/ did/ you/ last/ your/ like/?____________________________________45. What/ greatest/ been/ achievement/ your/ has/?