Throughout 2020, Moon Ltd

question 61

Multiple Choice

Throughout 2020, Moon Ltd. had 1,200,000 common shares outstanding. As well, the corporation paid $ 300,000 in preferred dividends and reported net income of $ 5,100,000 for 2020. In connection with the acquisition of a subsidiary company in June 2019, Moon is required to issue 50,000 additional common shares on July 1, 2021, to the former owners of the subsidiary. Moon's diluted earnings per share for 2020 should be

• A) $ 4.25.
• B) $ 4.08.
• C) $ 4.00.
• D) $ 3.84.

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Definitions:

Less Directive

An approach or style that involves giving less guidance and allowing individuals more freedom to figure out solutions or actions on their own.

Rapport-Focused

Emphasizing the importance of building a trusting and understanding relationship between the therapist and client in therapy.

Problem Orientation

A mindset focused on identifying, analyzing, and finding solutions for difficulties and challenges.

Solution Implementation

The process of executing a plan or strategy to solve a problem or address an issue effectively.