Homework Answers
Solution:
Earning per share = Net income / Average nos of shares outstanding = 1860 / 2000 = $0.93 per share
Add Answer to:
calculate earnings per share
1860 75000 0.08 4 Example 1: Convertible Bonds 5 Net Income: 6...
Chapter 16: Earnings Per Share Calculations Assignment #1 Basic Earnings Per Share Example 1: Convertible Bonds...
Chapter 16: Earnings Per Share Calculations Assignment #1 Basic Earnings Per Share Example 1: Convertible Bonds Net Income: Bonds Payable: Stated Rate: 1860 75000 0.08 Diluted Earning Per Share Tax Rate: 0.4 AVG number of Share Outstanding: 2000 Additional Sahres after Conversion 7500 Basic Earnings Per Share Diluted Earning Per Share Example 2: Convertible Preferred Staocks Net Income: 1200000 Preferred Stocks: 4000000 Dividend Rate: 0.06 Tax Rate: 0.4 AVG number of Share Outstanding: 600000 Additional Sahres after Conversion 200000 Basic...
if possible can you also show the formula to plug in excel. thanks in advance! 1...
if possible can you also show the formula to plug in excel.
thanks in advance!
1 Chapter 16: Earnings Per Share Calculations 2 Assignment #1 Basic Earnings Per Share = 4 Example 1: Convertible Bonds 5 Net Income: 6 Bonds Payable: 7 Stated Rate: 8 Tax Rate: AVG number of Share 9 Outstanding: Additional Sahres 10 after Conversion 1860 75000 0.08 0.4 Diluted Earning Per Share = 2000 7500
NEED HELP WITH BASIC AND DILLUTED FORMULAS. I have the correct answers, need to write this...
NEED HELP WITH BASIC AND DILLUTED FORMULAS. I have the correct
answers, need to write this in formula format!
с н т у к BCD 1 Chapter 16: Earnings Per Share Calculations 2 Assignment #1 Basic Earnings Per Share = 4 Example 1: Convertible Bonds 5 Net Income: 6 Bonds Payable: 7 Stated Rate: 8 Tax Rate: AVG number of Share 9 Outstanding: Additional Sahres 10 after Conversion 1860 75000 0.08 0.4 Diluted Earning Per Share = 2000 7500 Basic...
if possible can you also put the formulas to plug in the excel file. thanks in...
if possible can you also put the formulas to plug in the excel
file. thanks in advance!
Basic Earnings Per Share = Diluted Earning Per Share = 13 Example 2: Convertible Preferred Staocks 14 Net Income: 1200000 15 Preferred Stocks: 4000000 16 Dividend Rate: 0.06 17 Tax Rate: 0.4 AVG number of Share 18 Outstanding: 600000 Additional Sahres 19 after Conversion 200000 40000 1000 Basic Earnings Per Share = 22 Example 3: Options 23 Net Income 24 Number of Options:...
1.) Compute net income available to common stockholders. 2.) Compute basic earnings per share. Round to...
1.) Compute net income available to common stockholders.
2.) Compute basic earnings per share. Round to two decimal
places.
3.) Compute the foregone interest expense AFTER TAX on the
convertible bonds.
4.) Compute the per share effect of the convertible bonds. Round to
two decimal places.
5.) Compute the foregone dividends on the convertible preferred
stock.
6.) Compute the per share effect of the convertible preferred
stock.
7.) Compute the incremental increase in the number of shares
outstanding for the...
Convertible Securities and Earnings per Share Percy Company has 15,000 shares of common stock outstanding during...
Convertible Securities and Earnings per Share Percy Company has 15,000 shares of common stock outstanding during all of 2016. It also has 2 convertible securities outstanding at the end of 2016. These are: 1. Convertible preferred stock: 1,000 shares of 9%, $100 par, preferred stock were issued in 2015 for $140 per share. Each share of preferred stock is convertible into 3.5 shares of common stock. The current dividends have been paid. To date, no preferred stock has been converted....
Net income for the year $1,210,000 7% convertible bonds issued at par ($1,000 per bond); each...
Net income for the year $1,210,000 7% convertible bonds issued at par ($1,000 per bond); each bond is convertible into 30 shares of common stock 1,970,000 6% convertible, cumulative preferred stock, $100 par value; each share is convertible into 3 shares of common stock 4,200,000 Common stock, $10 par value 5,820,000 Tax rate for 2021 20% Average market price of common stock $25 per share There were no changes during 2021 in the number of common shares, preferred shares, or...
EARNINGS PER SHARE EARNINGS PER SHARE WITH MULTIPLE POTENTIAL DILUTERS The following relate to Palmeto Corporation:...
EARNINGS PER SHARE EARNINGS PER SHARE WITH MULTIPLE POTENTIAL DILUTERS The following relate to Palmeto Corporation: Capital Stock: Common Stock, par $1, outstanding on 1/1/X1 90,000 shares Common Stock, issued 05/01/X1 6,000 shares Preferred Stock, par $20, percent (cumulative and nonconvertible) outstanding on 01/01/X1 2,500 shares Income data for year ending 12.31.X1: Income from Continuing Operations $134,000 Gain from Discontinued Operations (net of 40% tax) 10,000 Net Income 144.000 The following securities are outstanding for the entire year: 1. Stock...
E10-15 Effect of Convertible Bonds on Earnings per Share Lo 10-4 Poppy Corporation owns 60 percent...
E10-15 Effect of Convertible Bonds on Earnings per Share Lo 10-4 Poppy Corporation owns 60 percent of Seed Company's common shares. Balance sheet data for the companies on December 31, 20X2, are as follows: Poppy Corporation Seed Company Assets Cash Accounts Receivable Inventory Buildings and Equipment Less: Accumulated Depreciation Investment in Seed Company Stock Total Assets Liabilities and Owners' Equity Accounts Payable Bonds Payable Common Stock ($10 par value) Retained Earnings Total Liabilities and Owners' Equity $ 91,000 86,000 119,000...
Problem 19-18 EPS; stock options; nonconvertible preferred; convertible bonds; shares sold [LO19-4, 19- 5, 19-6, 19-7,...
Problem 19-18 EPS; stock options; nonconvertible preferred; convertible bonds; shares sold [LO19-4, 19- 5, 19-6, 19-7, 19-8, 19-9] At January 1, 2018, Canaday Corporation had outstanding the following securities: 600 million common shares 20 million 6% cumulative preferred shares, $50 par 8% convertible bonds, $2,000 million face amount, convertible into 80 million common shares The following additional information is available: • On September 1, 2018, Canaday sold 72 million additional shares of common stock. • Incentive stock options to purchase...
Chapter 16: Earnings Per Share Calculations Assignment #1 Basic Earnings Per Share Example 1: Convertible Bonds Net Income: Bonds Payable: Stated Rate: 1860 75000 0.08 Diluted Earning Per Share Tax Rate: 0.4 AVG number of Share Outstanding: 2000 Additional Sahres after Conversion 7500 Basic Earnings Per Share Diluted Earning Per Share Example 2: Convertible Preferred Staocks Net Income: 1200000 Preferred Stocks: 4000000 Dividend Rate: 0.06 Tax Rate: 0.4 AVG number of Share Outstanding: 600000 Additional Sahres after Conversion 200000 Basic...
if possible can you also show the formula to plug in excel.
thanks in advance!
1 Chapter 16: Earnings Per Share Calculations 2 Assignment #1 Basic Earnings Per Share = 4 Example 1: Convertible Bonds 5 Net Income: 6 Bonds Payable: 7 Stated Rate: 8 Tax Rate: AVG number of Share 9 Outstanding: Additional Sahres 10 after Conversion 1860 75000 0.08 0.4 Diluted Earning Per Share = 2000 7500
NEED HELP WITH BASIC AND DILLUTED FORMULAS. I have the correct
answers, need to write this in formula format!
с н т у к BCD 1 Chapter 16: Earnings Per Share Calculations 2 Assignment #1 Basic Earnings Per Share = 4 Example 1: Convertible Bonds 5 Net Income: 6 Bonds Payable: 7 Stated Rate: 8 Tax Rate: AVG number of Share 9 Outstanding: Additional Sahres 10 after Conversion 1860 75000 0.08 0.4 Diluted Earning Per Share = 2000 7500 Basic...
if possible can you also put the formulas to plug in the excel
file. thanks in advance!
Basic Earnings Per Share = Diluted Earning Per Share = 13 Example 2: Convertible Preferred Staocks 14 Net Income: 1200000 15 Preferred Stocks: 4000000 16 Dividend Rate: 0.06 17 Tax Rate: 0.4 AVG number of Share 18 Outstanding: 600000 Additional Sahres 19 after Conversion 200000 40000 1000 Basic Earnings Per Share = 22 Example 3: Options 23 Net Income 24 Number of Options:...
1.) Compute net income available to common stockholders.
2.) Compute basic earnings per share. Round to two decimal
places.
3.) Compute the foregone interest expense AFTER TAX on the
convertible bonds.
4.) Compute the per share effect of the convertible bonds. Round to
two decimal places.
5.) Compute the foregone dividends on the convertible preferred
stock.
6.) Compute the per share effect of the convertible preferred
stock.
7.) Compute the incremental increase in the number of shares
outstanding for the...
Convertible Securities and Earnings per Share Percy Company has 15,000 shares of common stock outstanding during all of 2016. It also has 2 convertible securities outstanding at the end of 2016. These are: 1. Convertible preferred stock: 1,000 shares of 9%, $100 par, preferred stock were issued in 2015 for $140 per share. Each share of preferred stock is convertible into 3.5 shares of common stock. The current dividends have been paid. To date, no preferred stock has been converted....
EARNINGS PER SHARE EARNINGS PER SHARE WITH MULTIPLE POTENTIAL DILUTERS The following relate to Palmeto Corporation: Capital Stock: Common Stock, par $1, outstanding on 1/1/X1 90,000 shares Common Stock, issued 05/01/X1 6,000 shares Preferred Stock, par $20, percent (cumulative and nonconvertible) outstanding on 01/01/X1 2,500 shares Income data for year ending 12.31.X1: Income from Continuing Operations $134,000 Gain from Discontinued Operations (net of 40% tax) 10,000 Net Income 144.000 The following securities are outstanding for the entire year: 1. Stock...
E10-15 Effect of Convertible Bonds on Earnings per Share Lo 10-4 Poppy Corporation owns 60 percent of Seed Company's common shares. Balance sheet data for the companies on December 31, 20X2, are as follows: Poppy Corporation Seed Company Assets Cash Accounts Receivable Inventory Buildings and Equipment Less: Accumulated Depreciation Investment in Seed Company Stock Total Assets Liabilities and Owners' Equity Accounts Payable Bonds Payable Common Stock ($10 par value) Retained Earnings Total Liabilities and Owners' Equity $ 91,000 86,000 119,000...
Problem 19-18 EPS; stock options; nonconvertible preferred; convertible bonds; shares sold [LO19-4, 19- 5, 19-6, 19-7, 19-8, 19-9] At January 1, 2018, Canaday Corporation had outstanding the following securities: 600 million common shares 20 million 6% cumulative preferred shares, $50 par 8% convertible bonds, $2,000 million face amount, convertible into 80 million common shares The following additional information is available: • On September 1, 2018, Canaday sold 72 million additional shares of common stock. • Incentive stock options to purchase...
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