Override the signatureMove method from the Competitive inter…
Questions
Override the signаtureMоve methоd frоm the Competitive interfаce for Footbаller. Recall that signatureMove takes in an int (timeRemaining) and returns nothing. If the Footballer's current number of goals is less than 5, add one goal. If the number of goals is greater than or equal to 5, add one goal for every unit of timeRemaining and print "[name] is in the zone!" once on its own line. Replace [name] with the Footballer's name.
Whаt is the CPU utilizаtiоn аs a percentage? Give yоur answer tо one decimal point, do not include the % sign in your answer.
Anаlyzing аnd Identifying Finаncial Statement Effects оf Stоck Transactiоns (FSET) The stockholders’ equity of Sougiannis Company at December 31 of the prior year follows. Preferred stock (1) $750,000 Common stock (2) 900,000 Paid-in capital in excess of par value—preferred stock 36,000 Paid-in capital in excess of par value—common stock 540,000 Retained earnings 487,500 Total stockholders’ equity $2,713,500 (1) 7% preferred stock, $100 par value, 30,000 shares authorized; 7,500 shares issued and outstanding (2) Common stock, $15 par value, 150,000 shares authorized; 60,000 shares issued and outstanding The following transactions, among others, occurred during the current year. Jan. 12 Announced a 3-for-1 common stock split, reducing the par value of the common stock to $5 per share. The authorized shares were increased to 450,000 shares. Sept. 1 Acquired 15,000 shares of common stock for the treasury at $10 cash per share. Oct. 12 Sold 2,250 treasury shares acquired September 1 at $12 cash per share. Nov. 21 Issued 7,500 shares of common stock at $11 cash per share. Dec. 28 Sold 1,800 treasury shares acquired September 1 at $9 cash per share. a. Using the financial statement effects template, illustrate the effects of each transaction. ● Note: Use negative signs with your answers, when appropriate. ● Note: Select "N/A" as your answer if a part of the accounting equation is not affected. Balance Sheet Income Statement Cash Noncash Contributed Earned Contra Net Transaction Asset + Assets = Liabilities + Capital + Capital - Equity Revenue - Expenses = Income Jan. 12 Stock split {#1} {#2} {#3} {#4} {#5} {#6} Sep. 1 Acquired shares of common stock {#7} {#8} {#9} {#10} Oct. 12 Sold treasury shares {#11} {#12} {#13} {#14} {#15} {#16} {#17} {#18} Nov. 21 Issued shares of common stock {#19} {#20} {#21} {#22} Common stock {#23} {#24} {#25} Dec. 28 Sold treasury shares {#26} {#27} {#28} {#29} {#30} {#31} {#32} {#33} Total b. Indicate the impact of each transaction on the calculation of basic EPS. Transaction Effect on EPS Jan. 12 Stock split {#34} Sep. 1 Acquired shares of common stock {#35} Oct. 12 Sold treasury shares {#36} Nov. 21 Issued shares of common stock {#37} Dec. 28 Sold treasury shares {#38} c. Prepare the December 31 stockholders’ equity section of the balance sheet assuming that the company reports net income of $124,500. ● Note: Do not use negative signs with your answers. Stockholders’ Equity Paid in capital {#39} {#40} Additional paid-in capital {#41} {#42} {#43} {#44} {#45} Less: {#46} {#47} Capital stock disclosure: 7% preferred stock, ${#48} par value, {#49} shares authorized; {#50} shares issued and outstanding Common stock, ${#51} par value, {#52} shares authorized; {#53} shares issued, of which {#54} shares are in the treasury d. Compute return on common equity for the year. Ratio Numerator Denominator Result ROCE ${#55} ÷ ${#56} =
Anаlyzing аnd Distributing Cаsh Dividends tо Preferred and Cоmmоn StocksSkinner Company began business on June 30. At that time, it issued 28,000 shares of $50 par value, 6% cumulative preferred stock, and 100,000 shares of $10 par value common stock. Through the end of Year 3, there has been no change in the number of preferred and common shares outstanding. a. Assume that Skinner declared and paid cash dividends of $96,000 in Year 1, $0 in Year 2, and $560,000 in Year 3. Compute the total cash dividends and the dividends per share paid to each class of stock in Year 1, Year 2, and Year 3. Round per share amounts to two decimal places. Dividend Distribution Preferred Common Preferredper share Common per share Year 1 ${#1} ${#2} ${#3} ${#4} Year 2 {#5} {#6} {#7} {#8} Year 3{#9} {#10} {#11} {#12} b. Assume that Skinner declared and paid cash dividends of $0 in Year 1, $168,000 in Year 2, and $239,000 in Year 3. Compute the total cash dividends and the dividends per share paid to each class of stock in Year 1, Year 2, and Year 3. Round per share amounts to two decimal places. Dividend Distribution Preferred Common Preferredper share Commonper share Year 1${#13} ${#14} ${#15} ${#16} Year 2 {#17} {#18} {#19} {#20} Year 3 {#21} {#22} {#23} {#24}
Anаlyzing аnd Interpreting Equity Accоunts аnd Earnings per Share (FSET) The 2019 and 2020 statements оf stоckholders’ equity for Alphabet Inc. (the Company) are presented below along with portions on Notes 11 and 13 relating to stockholders’ equity and equity-based compensation. ALPHABET INC. Consolidated Statements of Stockholders’ Equity (In millions, except per share amounts, which are reflected in thousands) Class A and Class B Common Stock, Class C Accumulated Capital Stock Other Total and Paid-in Capital Comprehensive Retained Stockholders’ Shares Amount Income (Loss) Earnings Equity Balance as of December 31, 2018 695,556 $45,049 $(2,306) $134,885 $177,628 Cumulative effect of accounting change 0 0 (30) -4 -34 Common and capital stock issued 8,120 202 0 0 202 Stock-based compensation expense 0 10,890 0 0 10,890 Tax withholding related to vesting of restricted stock units and other 0 (4,455) 0 0 (4,455) Repurchases of capital stock (15,341) (1,294) 0 (17,102) (18,396) Sale of interest in consolidated entities 0 160 0 0 160 Net income 0 0 0 34,343 34,343 Other comprehensive income (loss) 0 0 1,104 0 1,104 Balance as of December 31, 2019 688,335 50,552 (1,232) 152,122 201,442 Common and capital stock issued 8,398 168 0 0 168 Stock-based compensation expense 0 13,123 0 0 13,123 Tax withholding related to vesting of restricted stock units and other 0 (5,969) 0 0 (5,969) Repurchases of capital stock (21,511) (2,159) 0 (28,990) (31,149) Sale of interest in consolidated entities 0 2,795 0 0 2,795 Net income 0 0 0 40,269 40,269 Other comprehensive income (loss) 0 0 1,865 0 1,865 Balance as of December 31, 2020 675,222 $58,510 $633 $163,401 $222,544 Note 11: Stockholders’ Equity Convertible Preferred Stock Our board of directors has authorized 100 million shares of convertible preferred stock, $0.001 par value, issuable in series. As of December 31, 2019 and 2020, no shares were issued or outstanding. Class A and Class B Common Stock and Class C Capital Stock Our board of directors has authorized three classes of stock, Class A and Class B common stock, and Class C capital stock. The rights of the holders of each class of our common and capital stock are identical, except with respect to voting. Each share of Class A common stock is entitled to one vote per share. Each share of Class B common stock is entitled to 10 votes per share. Class C capital stock has no voting rights, except as required by applicable law. Shares of Class B common stock may be converted at any time at the option of the stockholder and automatically convert upon sale or transfer to Class A common stock. Share Repurchases In July 2020, the Board of Directors of the Company authorized the company to repurchase up to an additional $28.0 billion of its Class C capital stock. The repurchases are being executed from time to time, subject to general business and market conditions and other investment opportunities, through open market purchases or privately negotiated transactions, including through Rule 10b5-1 plans. The repurchase program does not have an expiration date. During the years ended December 31, 2019 and 2020, we repurchased and subsequently retired 15.3 million and 21.5 million shares of the Company's Class C capital stock for an aggregate amount of $18.4 billion and $31.1 billion, respectively. Note 13: Compensation Plans Stock Plans Our stock plans include the Company's 2012 Stock Plan and Other Bet stock-based plans. Under our stock plans, RSUs and other types of awards may be granted. An RSU award is an agreement to issue shares of our publicly traded stock at the time the award vests. RSUs granted to participants under the the Company's 2012 Stock Plan generally vest over four years contingent upon employment or service with us on the vesting date. As of December 31, 2020, there were 38,777,813 shares of stock reserved for future issuance under our Company's 2012 Stock Plan. Stock-Based Compensation For the years ended December 31, 2018, 2019, and 2020, total stock-based compensation expense was $10.0 billion, $11.7 billion, and $13.4 billion, including amounts associated with awards we expect to settle in the Company's stock of $9.4 billion, $10.8 billion, and $12.8 billion, respectively. For the years ended December 31, 2018, 2019, and 2020, we recognized tax benefits on total stock-based compensation expense, which are reflected in the provision for income taxes in the Consolidated Statements of Income, of $1.5 billion, $1.8 billion, and $2.7 billion, respectively. For the years ended December 31, 2018, 2019, and 2020, tax benefit realized related to awards vested or exercised during the period was $2.1 billion, $2.2 billion, and $3.6 billion, respectively. These amounts do not include the indirect effects of stock-based awards, which primarily relate to the research and development tax credit. Stock-Based Award Activities The following table summarizes the activities for our unveste RSUs for the year ended December 31, 2020: Unvested Restricted Stock Units Number of Weighted-Average Shares Grant-Date Fair Value Unvested as of December 31, 2019 19,394,236 $1,055.22 Granted 12,647,562 1,407.97 Vested (11,643,670) 1,089.31 Forfeited/canceled (1,109,335) 1,160.01 Unvested as of December 31, 2020 19,288,793 $1,262.13 The weighted-average grant-date fair value of RSUs granted during the years ended December 31, 2018 and 2019 was $1,095.89 and $1,092.36, respectively. Total fair value of RSUs, as of their respective vesting dates, during the years ended December 31, 2018, 2019, and 2020 were $14.1 billion, $15.2 billion, and $17.8 billion, respectively. As of December 31, 2020, there was $22.8 billion of unrecognized compensation cost related to unvested employee RSUs. The amount is expected to be recognized over a weighted-average period of 2.6 years. Note 11. Net Income Per Share (in part) We compute net income per share of Class A and Class B common stock and Class C capital stock using the two-class method. Basic net income per share is computed using the weightedaverage number of shares outstanding during the period. Diluted net income per share is computed using the weighted-average number of shares and the effect of potentially dilutive securities outstanding during the period. Potentially dilutive securities consist of restricted stock units and other contingently issuable shares. The dilutive effect of outstanding restricted stock units and other contingently issuable shares is reflected in diluted earnings per share by application of the treasury stock method. The computation of the diluted net income per share of Class A common stock assumes the conversion of Class B common stock, while the diluted net income per share of Class B common stock does not assume the conversion of those shares. REQUIRED a. What is the difference between the Company's Class A common stock and its Class B common stock? Why do they have two different classes of common stock? In fiscal year 2014, the Company created shares of Class C capital stock, which participate in any common dividends but have no voting rights. What might be the purpose of the Class C stock? Class A and B common shares are identical except for voting rights. Class A shares have {#1} vote per share while class B shares have {#2} votes per share. This means that class B shareholders have {#3} control in the governance of the corporation. Presumably, class B shares were {#4} by the original management team of the firm while the class A shares were {#5}. Class C capital shares have {#6}, and they {#7} in any dividends declared for common shares. Class C shares allow the Company's executives to continue using shares to make acquisitions and motivate employees, while ensuring that the Class B shares retain {#8} than 50% of the voting power. b. The Company repurchased some of their Class C shares in 2020. Prepare the journal entry to show the repurchase transaction using the financial statement effects template. c. Using the information in the notes, estimate the stock-based compensation expense for 2021 related to the 2020 grants of restricted stock units. Show the entry using the financial statement effects template. ● Note: Use negative signs with your answers, when appropriate. ● Note: Select "N/A" as your answer if a part of the accounting equation is not affected. ● Note: Round answers to the nearest hundred million. Balance Sheet Income Statement Cash Noncash Contributed Earned Net Transaction Asset + Assets = Liabilities + Capital + Capital Revenue - Expenses = Income b. Repurchase transaction {#9} {#10} {#11} {#12} {#13} {#14} {#15} {#16} {#17} c. Stock based compensation {#18} {#19} {#20} {#21} {#22} {#23} {#24} d. The Company states that there is $22.8 billion of unrecognized compensation cost related to unvested employee RSUs. What are these, and why isn’t this a liability on the balance sheet for the Company? This cost is related to RSUs that are {#25} and {#26} as compensation cost yet. The {#27} compensation cost related to unvested employee RSUs {#28} a liability because the Company {#29} incurred the cost — the employees {#30} worked. In addition, the amount is recorded as an increase to {#31} when the compensation expense is recorded because the company is issuing {#32} to the employees. e. The Company reported net income of $40,269 million in 2020 and basic EPS of $59.15 per share. Estimate the weighted average number of shares used to calculate basic EPS. ● Note: Round answers to the nearest million. {#33} million shares f. Assume the Company has 15.0 million stock options outstanding at the end of 2020. If all outstanding stock options were exercised in 2020, what would be the impact on the Company’s basic EPS? If all outstanding stock options were exercised, basic EPS would {#34}. g. The Company reported diluted EPS of $58.61 in 2020. What are the primary dilutive securities that the Company mentions? The diluted EPS figure includes an adjustment only for outstanding options that are not “under water,” i.e., are anti-dilutive. This would cause the diluted EPS to be {#35} than the amount calculated in part f. The difference is due to the fact that Google has stock-based compensation besides stock options, like restricted stock units.