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At December 31, 2020 and 2021, Funk & Noble Corporation had outstanding 760 million shares of...
At December 31, 2020 and 2021, Funk & Noble Corporation had outstanding 760 million shares of...
At December 31, 2020 and 2021, Funk & Noble Corporation had outstanding 760 million shares of common stock and 7 million shares of 4%, $100 par value cumulative preferred stock. No dividends were declared on either the preferred or common stock in 2020 or 2021. Net income for 2021 was $788 million. The income tax rate is 25%. Calculate earnings per share for the year ended December 31, 2021. (Round your answer to 2 decimal places.)
At December 31, 2017 and 2018, Funk & Noble Corporation had outstanding 640 million shares of...
At December 31, 2017 and 2018, Funk & Noble Corporation had outstanding 640 million shares of common stock and 4 million shares of 4%, $100 par value cumulative preferred stock. No dividends were declared on either the preferred or common stock in 2017 or 2018. Net income for 2018 was $464 million. The income tax rate is 40%. Calculate eamings per share for the year ended December 31, 2018. (Round your answer to 2 decimal places.) Earnings per share
On December 31, 2020, Ainsworth, Inc., had 500 million shares of common stock outstanding. Twenty three...
On December 31, 2020, Ainsworth, Inc., had 500 million shares of common stock outstanding. Twenty three million shares of 7%, $100 par value cumulative, nonconvertible preferred stock were sold on January 2, 2021. On April 30, 2021, Ainsworth purchased 50 million shares of its common stock as treasury stock. Twenty million treasury shares were sold on August 31. Ainsworth issued a 4% common stock dividend on June 12, 2021. No cash dividends were declared in 2021. For the year ended...
omework Saved Help Save & Exit Check On December 31, 2020, Ainsworth, Inc., had 760 million...
omework Saved Help Save & Exit Check On December 31, 2020, Ainsworth, Inc., had 760 million shares of common stock outstanding. Twenty nine million shares of 6%, $100 par value cumulative, nonconvertible preferred stock were sold on January 2, 2021. On April 30, 2021. Ainsworth purchased 30 million shares of its common stock as treasury stock. Twelve million treasury shares were sold on August 31. Ainsworth issued a 5% common stock dividend on June 12, 2021. No cash dividends were...
On December 31, 2020, Ainsworth, Inc., had 560 million shares of common stock outstanding. Fifteen million...
On December 31, 2020, Ainsworth, Inc., had 560 million shares of common stock outstanding. Fifteen million shares of 7%, $100 par value cumulative, nonconvertible preferred stock were sold on January 2, 2021. On April 30, 2021, Ainsworth purchased 30 million shares of its common stock as treasury stock. Twelve million treasury shares were sold on August 31. Ainsworth issued a 5% common stock dividend on June 12, 2021. No cash dividends were declared in 2021. For the year ended December...
At January 1, 2021, Canaday Corporation had outstanding the following securities: 780 million common shares 40...
At January 1, 2021, Canaday Corporation had outstanding the following securities: 780 million common shares 40 million 8% cumulative preferred shares, $50 par 6.4% convertible bonds, $2,500 million face amount, convertible into 70 million common shares The following additional information is available: • On September 1, 2021, Canaday sold 72 million additional shares of common stock. • Incentive stock options to purchase 40 million shares of common stock after July 1, 2020, at $14 per share, were outstanding at the...
1. On December 31, 2020, Berclair, Inc. had 200 million shares of common stock and 3...
1. On December 31, 2020, Berclair, Inc. had 200 million shares of common stock and 3 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2021, Company purchased 24 million shares of its common stock as treasury stock. Company issued a 5% common stock dividend on July 1, 2021. Four million treasury shares were sold on October 1. Net income for the year ended December 31, 2021, was $150 million. Compute earnings per...
On December 31, 2020, Berclair Inc. had 400 million shares of common stock and 14 million...
On December 31, 2020, Berclair Inc. had 400 million shares of common stock and 14 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2021, Berclair purchased 120 million shares of its common stock as treasury stock. Berclair issued a 6% common stock dividend on July 1, 2021 Four million treasury shares were sold on October 1. Net income for the year ended December 31, 2021, was $700 million Also outstanding at December...
On December 31, 2020, Berclair Inc. had 400 million shares of common stock and 8 million...
On December 31, 2020, Berclair Inc. had 400 million shares of common stock and 8 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2021, Berclair purchased 60 million shares of its common stock as treasury stock. Berclair issued a 6% common stock dividend on July 1, 2021. Four million treasury shares were sold on October 1. Net income for the year ended December 31, 2021, was $400 million. Also outstanding at December...
On December 31, 2020, Berclair Inc. had 400 million shares of common stock and 14 million...
On December 31, 2020, Berclair Inc. had 400 million shares of common stock and 14 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2021, Berclair purchased 120 million shares of its common stock as treasury stock. Berclair issued a 6% common stock dividend on July 1, 2021. Four million treasury shares were sold on October 1. Net income for the year ended December 31, 2021, was $700 million. Also outstanding at December...
At December 31, 2017 and 2018, Funk & Noble Corporation had outstanding 640 million shares of common stock and 4 million shares of 4%, $100 par value cumulative preferred stock. No dividends were declared on either the preferred or common stock in 2017 or 2018. Net income for 2018 was $464 million. The income tax rate is 40%. Calculate eamings per share for the year ended December 31, 2018. (Round your answer to 2 decimal places.) Earnings per share
On December 31, 2020, Ainsworth, Inc., had 500 million shares of common stock outstanding. Twenty three million shares of 7%, $100 par value cumulative, nonconvertible preferred stock were sold on January 2, 2021. On April 30, 2021, Ainsworth purchased 50 million shares of its common stock as treasury stock. Twenty million treasury shares were sold on August 31. Ainsworth issued a 4% common stock dividend on June 12, 2021. No cash dividends were declared in 2021. For the year ended...
omework Saved Help Save & Exit Check On December 31, 2020, Ainsworth, Inc., had 760 million shares of common stock outstanding. Twenty nine million shares of 6%, $100 par value cumulative, nonconvertible preferred stock were sold on January 2, 2021. On April 30, 2021. Ainsworth purchased 30 million shares of its common stock as treasury stock. Twelve million treasury shares were sold on August 31. Ainsworth issued a 5% common stock dividend on June 12, 2021. No cash dividends were...
On December 31, 2020, Ainsworth, Inc., had 560 million shares of common stock outstanding. Fifteen million shares of 7%, $100 par value cumulative, nonconvertible preferred stock were sold on January 2, 2021. On April 30, 2021, Ainsworth purchased 30 million shares of its common stock as treasury stock. Twelve million treasury shares were sold on August 31. Ainsworth issued a 5% common stock dividend on June 12, 2021. No cash dividends were declared in 2021. For the year ended December...
At January 1, 2021, Canaday Corporation had outstanding the following securities: 780 million common shares 40 million 8% cumulative preferred shares, $50 par 6.4% convertible bonds, $2,500 million face amount, convertible into 70 million common shares The following additional information is available: • On September 1, 2021, Canaday sold 72 million additional shares of common stock. • Incentive stock options to purchase 40 million shares of common stock after July 1, 2020, at $14 per share, were outstanding at the...
On December 31, 2020, Berclair Inc. had 400 million shares of common stock and 14 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2021, Berclair purchased 120 million shares of its common stock as treasury stock. Berclair issued a 6% common stock dividend on July 1, 2021 Four million treasury shares were sold on October 1. Net income for the year ended December 31, 2021, was $700 million Also outstanding at December...
On December 31, 2020, Berclair Inc. had 400 million shares of common stock and 8 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2021, Berclair purchased 60 million shares of its common stock as treasury stock. Berclair issued a 6% common stock dividend on July 1, 2021. Four million treasury shares were sold on October 1. Net income for the year ended December 31, 2021, was $400 million. Also outstanding at December...
On December 31, 2020, Berclair Inc. had 400 million shares of common stock and 14 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2021, Berclair purchased 120 million shares of its common stock as treasury stock. Berclair issued a 6% common stock dividend on July 1, 2021. Four million treasury shares were sold on October 1. Net income for the year ended December 31, 2021, was $700 million. Also outstanding at December...
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