Brief Exercise 16-15
Marigold Corporation reported net income of $421,590 in 2017 and
had 203,000 shares of common stock outstanding throughout the year.
Also outstanding all year were 49,500 options to purchase common
stock at $11 per share. The average market price of the stock
during the year was $15.
Compute diluted earnings per share. (Round answer to 2
decimal places, e.g. 3.55.)
Diluted earnings per share |
Brief Exercise 16-15 Marigold Corporation reported net income of $421,590 in 2017 and had 203,000 shares...
Brief Exercise 16-14 Nash Corporation reported net income of $213,860 in 2017 and had 53,00 shares of common stock outstanding throughout the year. Als outstanding year were 4500 shares of cumulative preferred stock, each convertible into 2 shares of common. The preferred stock pays an annual dividend of $5 per share Na's tax rate is 50% Compute Nash's 2017 diluted earnings per share. (Round answer to 2 decimal places.. 3.55.) Diluted earnings per shares Click if you would like to...
Brief Exercise 16-13
Rockland Corporation earned net income of $300,000 in 2017 and
had 100,000 shares of common stock outstanding throughout the year.
Also outstanding all year was $800,000 of 9% bonds, which are
convertible into 16,000 shares of common. Rockland’s tax rate is 40
percent.
Compute Rockland’s 2017 diluted earnings per share.
(Round answer to 2 decimal places, e.g.
3.55.)
Diluted earnings per share
$
Sage Corporation reported net income of $231,840 in 2020 and had 186,000 shares of common stock outstanding throughout the year. Also outstanding all year were 58,500 options to purchase common stock at $11 per share. The average market price of the stock during the year was $15. Compute diluted earnings per share. (Round answer to 2 decimal places, e.g. 3.55.) Diluted earnings per share $ Pearl Corporation reported net income of $213,860 in 2020 and had 53,900 shares of common...
Brief Exercise 16-13 Waterway Corporation camed net income of $370,000 in 2017 and had 104,000 shares of common stock outstanding throughout the year. Also outstanding 9% bonds, which are convertible into 19,000 shares of common. Waterway's tax rate is 30 percent. year was 10,000 of Compute Waterway's 2017 diluted earnings per share. (Round answer to 2 decimal places, e.. 3.55.) Diluted earnings per share Click if you would like to show Work for this question Open Show Work
Grouper Corporation reported net income of $569.000 in 2017 and had 256,000 shares of common stock outstanding throughout the year. Also outstanding all year were 64.200 options to purchase common stock at $B per share. The average market price of the stock during the year was $12.Compute diluted earnings per share (Round answer to 2 decimal places, eg: 15.25.) Diluted Earnings Per Share $
X Your answer is incorrect. Flint Corporation reported net income of $221,650 in 2020 and had 182,000 shares of common stock outstanding throughout the year. Also outstanding all year were 58,500 options to purchase common stock at $10 per share. The average market price of the stock during the year was $15. Compute diluted earnings per share. (Round answer to 2 decimal places, eg. 3.55.) Diluted earnings per share 1.13
Riverbed Corporation reported net income of $259,140 in 2020 and
had 52,100 shares of common stock outstanding throughout the year.
Also outstanding all year were 4,800 shares of cumulative preferred
stock, each convertible into 2 shares of common. The preferred
stock pays an annual dividend of $5 per share. Riverbed’s tax rate
is 40%.
Compute Riverbed’s 2020 diluted earnings per share.
(Round answer to 2 decimal places, e.g.
3.55.)
Diluted earnings per
share
$
Shamrock Corporation reported net income of $300,780 in 2017 and had 45,900 shares of common stock outstanding throughout the year. Also outstanding all year were 4,900 shares of cumulative preferred stock, each convertible into 2 shares of common. The preferred stock pays an annual dividend of $5 per share. Shamrock’s tax rate is 30%. Compute Shamrock’s 2017 diluted earnings per share. (
Brief Exercise 16-12 The 2017 income statement of Pina Corporation showed net income of $450,000 and a loss from discontinued operations of $122,000. Pinahad 100.000 shares of common stock outstanding all year. Prepare Pina's income statement presentation of earnings per share. (Round answers to 2 decimal places, e.g. 3.55.) Pina Corporation INC Statement Click if you would like to show Work for this question: Open Show Work
Ivanhoe Corporation earned net income of $275,800 in 2020 and
had 116,000 shares of common stock outstanding throughout the year.
Also outstanding all year was $900,000 of 9% bonds, which are
convertible into 17,000 shares of common. Ivanhoe’s tax rate is 30
percent.
Compute Ivanhoe’s 2020 diluted earnings per share.
(Round answer to 2 decimal places, e.g.
3.55.)
Diluted earnings per
share
$