Exercise 19-20 EPS; shares issued; stock options [LO19-6, 19-7, 19-8, 19-9) Stanley Department Stores reported net inco...
Exercise 19-20 EPS; shares issued; stock options [LO19-6, 19-7, 19-8, 19-9] Stanley Department Stores reported net income of $746,000 for the year ended December 31, 2018. Additional Information: Common shares outstanding at Jan. 1, 2018 70,000 Incentive stock options (vested in 2017) outstanding throughout 2018 12,000 (Each option is exercisable for one common share at an exercise price of $21.50) During the year, the market price of Stanley’s common stock averaged $25.8 per share. On Aug. 30 Stanley sold 15,000...
6 Stanley Department Stores reported net income of $755,000 for the year ended December 31, 2018. Additional Information: 0.5 points 75,000 12,000 eBook Common shares outstanding at Jan. 1, 2018 Incentive stock options (vested in 2017) outstanding throughout 2018 (Each option is exercisable for one common share at an exercise price of $22.00) During the year, the market price of Stanley's common stock averaged $26.4 per share. On Aug. 30 Stanley sold 15,000 common shares. Stanley's only debt consisted of...
Exercise 19-17 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options [LO19-5, 19-6, 19-7, 19-8] On December 31, 2017, Berclair Inc, had 400 million shares of common stock and 5 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 104 million shares of its common stock as treasury stock. Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were sold on...
Stanley Department Stores reported net income of $731,000 for the year ended December 31, 2018 Additional Information: 60,000 12,000 Common shares outstanding at Jan. 1. 2018 Incentive stock options (vested in 2017) outstanding throughout 2018 (Each option is exereisable for one common share at an exercise price of $20.50) During the year, the market price of Stanley's common stock averaged $24.6 per share. On Aug. 30 Stanley sold 15,000 common shares. Stanley's only debt consisted of $31,000 of 100 short...
Exercise 19-17 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options [LO19-5, 19-6, 19-7, 19-8] On December 31, 2017, Berclair Inc. had 400 million shares of common stock and 5 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 104 million shares of its common stock as treasury stock Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were sold on...
Exercise 19-17 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options [LO19-5, 19-6, 19-7, 19-8] On December 31, 2017, Berclair Inc. had 300 million shares of common stock and 4 million shares of 9 % , $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 64 million shares of its common stock as treasury stock Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were...
Exercise 19-19 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options; convertible bonds [LO19-5,19-6, 19-7, 19-8, 19-9] On December 31, 2017, Berclair Inc. had 480 million shares of common stock and 5 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 24 million shares of its common stock as treasury stock. Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were...
Exercise 19-19 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options, convertible bonds [LO19-5,19-6, 19-7, 19-8, 19-9) On December 31, 2017. Berclair Inc. had 260 million shares of common stock and 6 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding on March 1, 2018, Berclair purchased 24 million shares of its common stock as treasury stock Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were...
Stanley Department Stores reported net income of $815,000 for the year ended December 31, 2018. Additional Information: Common shares outstanding at Jan. 1, 2018 105,000 Incentive stock options (vested in 2017) outstanding throughout 2018 24,000 (Each option is exercisable for one common share at an exercise price of $24.50) During the year, the market price of Stanley’s common stock averaged $29.4 per share. On Aug. 30 Stanley sold 15,000 common shares. Stanley’s only debt consisted of $39,000 of 10% short...
Stanley Department Stores reported net income of $815,000 for the year ended December 31, 2018. Additional Information: Common shares outstanding at Jan. 1, 2018 105,000 Incentive stock options (vested in 2017) outstanding throughout 2018 24,000 (Each option is exercisable for one common share at an exercise price of $24.50) During the year, the market price of Stanley’s common stock averaged $29.4 per share. On Aug. 30 Stanley sold 15,000 common shares. Stanley’s only debt consisted of $39,000 of 10% short...