Eps restricted stock - Study guides, Class notes & Summaries

Question 1 Assume US GAAP to answer this question. In 2017, $2 million in wages were earned and no cash wages were paid. In 2018, $8 million in wages were earned and $7 million in cash wages were paid. Cash wages were used to first pay wages earned in 2017 with the remainder used to pay wages earned in 2018. Any earned but unpaid wages will be paid during the first quarter of 2019. Using only the information provided, which of the following statements is most accurate? Liabilities increa...

FIN 534 Week 5 Midterm Exam 1 and 2 questions & answers 2022 update FIN 534 Week 5 Midterm Exam 1 and 2 Midterm Exam Part 1 Question 1 2 out of 2 points Of the following investments, which would have the lowest present value? Assume that the effective annual rate for all investments is the same and is greater than zero. Answer Selected Answer: Correct Answer: Question 2 2 out of 2 points Investment D pays $2,500 at the end of 10 years (just one payment). Investment D pays $...

ACC-358-Chapter-8-finaical reporting 17) Loan provisions that are specifically designed to restrict dividend payments to shareholders are called: A) debt covenants. B) debt obligations. C) stock covenants. D) stock agreements - A) debt covenants. 18) A lender may be protected from deterioration of the borrower's creditworthiness if the commercial lending agreement requires the borrower to maintain a: A) specified return on equity. B) specified earnings per share (EPS). C) fixed cha...

Do companies prefer straight-line or accelerated depreciation? - ANSWER For GAAP reporting purposes, companies generally prefer straight-line depreciation. That's because a company will record lower depreciation in the early years of the asset's life than if they had used accelerated depreciation. As a result, companies using straight-line depreciation will show higher net income than under accelerated depreciation. Do companies depreciate land? - ANSWER No, land is considered to have an in...

Exam (elaborations) Liberty University ACCT 370 Exam 1 Complete solution Liberty University ACCT 370 Exam 1 Complete solution 100% satisfied: solutions 1. 1. 2. A 3-for-1 stock split will reduce the per share par value and will 3. 4. 5. 2. 6. accounting errors or irregularities can occur for what reason? 7. 8. 9. 3. 10. Accrual accounting net income can differ from operating cash flows for all of the following reasons except: A) future pension and healthcare benefits. B) estimates of...

why do firms issue convertible debt - ANSWER to raise equity capital without giving up more ownership control than necessary obtain debt financing at cheaper rates why do firms provide stock warrants - ANSWER to make the security more attractive existing stockholders have a preemptive right to purchase common stock first to executives and employees as a form of compensation what are the advantages of restricted stock plan - ANSWER never becomes completely worthless generally results in...

FIN 534 Week 5 Midterm Exam 1 and 2 questions & answers 2022 update FIN 534 Week 5 Midterm Exam 1 and 2 Midterm Exam Part 1 Question 1 2 out of 2 points Of the following investments, which would have the lowest present value? Assume that the effective annual rate for all investments is the same and is greater than zero. Answer Selected Answer: Correct Answer: Question 2 2 out of 2 points Investment D pays $2,500 at the end of 10 years (just one payment). Investment D pays $...

CHAPTER 16 DILUTIVE SECURITIES AND EARNINGS PER SHARE IFRS questions are available at the end of this chapter. TRUE-FALSE—Dilutive Securities—Conceptual Answer No. Description T 1. Accounting for convertible bond issue. F 2. Reporting gain/loss on convertible debt retirement. T 3. Reporting additional payment to encourage conversion. F 4. Exercise of convertible preferred stock. F 5. Convertible preferred stock exercise. T 6. Allocating proceeds between debt and detachable wa...

Exam (elaborations) Liberty University ACCT 370 Quiz 1 Power answer Liberty University ACCT 370 Quiz 1 Power answer A+ Guarantee: When adjusting accrual earnings to obtain cash flows from operations, an increase in Prepaid Rent Expense is subtracted to arrive at cash flow from operations. The Barden Company provides the following trial balance as of December 31, 20X1. Debit Credit Cash and cash equivalents $345,000 Accounts receivable 115,000 Inventory 120,000 Prepaid insurance 7,50...

Liberty University ACCT 370 Exam 1 Complete solution Liberty University ACCT 370 Exam 1 Complete solution 100% satisfied: solutions 1. 1. 2. A 3-for-1 stock split will reduce the per share par value and will 3. 4. 5. 2. 6. accounting errors or irregularities can occur for what reason? 7. 8. 9. 3. 10. Accrual accounting net income can differ from operating cash flows for all of the following reasons except: A) future pension and healthcare benefits. B) estimates of uncollectible accou...