Marsh co. had 2,400,000 shares of common stock outstanding on january 1 and december 31, 2013. in connection with the acquisition of a subsidiary company in june 2012, marsh is required to issue 100,000 additional shares of its common stock on july 1, 2014, to the former owners of the subsidiary. marsh paid $300,000 in preferred stock dividends in 2013, and reported net income of $5,100,000 for the year. marsh's diluted earnings per share for 2013 should be

Janis owns and operates a store in a country experiencing a high rate of inflation. in order to prevent the value of money in her cash register from falling too quickly, janis sends an employee to the bank four times per day to make deposits in a interest-bearing account that protects the store's revenues from the effects of inflation. this is an example of the (menu costs/ unit of account costs/ shoesleather costs) of inflation. pick one

The capital balances, prior to the liquidation of the benjamin, gaynor, megan partnership, were as follows: benjamin, capital $100,000gaynor, capital $120,000megan, capital $175,000benjamin, gaynor, and megan share profits and losses in the ratio of 25%, 40%, 35%. as a result of a loan, the partnership owes gaynor $80,000. using the information above, which partner has the highest loss absorption power (lap) prior to liquidation? a. gaynorb. meganc. benjamind. both gaynor and megan have the same lap

When making a major purchase, i often spend months to learn all the issues?