($ in millions, except per share data; shares in millions) Assumptions |
|
Current Share Price |
$40.00 |
Basic Shares Outstanding |
200.0 |
Options Outstanding |
10.0 |
Weighted Average Exercise Price |
$26.00 |
Given the assumptions below, calculate fully diluted shares outstanding using the Treasury Stock Method. ($ in...
1. Given the assumptions below, calculate equity value and enterprise value. ($ in millions, except per share data; shares in millions) Assumptions Current Share Price $20.00 Fully Diluted Shares Outstanding 50.0 Total Debt 250.0 Preferred Stock 25.0 Cash and Cash Equivalents 50.0
1. Given the following assumptions, calculate net new shares change implied by the convert, using the if-converted method. ($ in millions, except per share data; shares in millions) Assumptions Current Share Price $30.00 Convert Amount Outstanding $225.0 Conversion Price $22.50
Fully vested incentive stock options exercisable at $42 per share to obtain 20,000 shares of common stock were outstanding during a period when the average market price of the common stock was $50 and the ending market price was $50. By how many shares will the assumed exercise of these options increase the weighted average number of shares outstanding when calculating diluted earnings per share? Number of shares
Exercise 19-17 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options [LO19-5, 19-6, 19-7, 19-8] On December 31, 2017, Berclair Inc, had 400 million shares of common stock and 5 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 104 million shares of its common stock as treasury stock. Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were sold on...
Exercise 19-17 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options [LO19-5, 19-6, 19-7, 19-8] On December 31, 2017, Berclair Inc. had 400 million shares of common stock and 5 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 104 million shares of its common stock as treasury stock Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were sold on...
Exercise 19-19 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options; convertible bonds [LO19-5,19-6, 19-7, 19-8, 19-9] On December 31, 2017, Berclair Inc. had 480 million shares of common stock and 5 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 24 million shares of its common stock as treasury stock. Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were...
Exercise 19-19 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options, convertible bonds [LO19-5,19-6, 19-7, 19-8, 19-9) On December 31, 2017. Berclair Inc. had 260 million shares of common stock and 6 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding on March 1, 2018, Berclair purchased 24 million shares of its common stock as treasury stock Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were...
what i got was marked wrong
Exercise 19-18 EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options exercised (LO19-5, 19-6, 19-7, 19-8) On December 31, 2017 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, 2018, Berclair purchased 120 million shares of its common stock as treasury stock. Berclair issued a 6% common stock dividend on July 1, 2018....
On December 31, 2017, Berclair Inc. had 540 million shares of common stock and 4 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 24 million shares of its common stock as treasury stock. Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were sold on October 1. Net income for the year ended December 31, 2018, was $900 million. The income tax rate...
On December 31, 2017, Brisbane Company had 100,000 shares of common stock outstanding and 35,000 shares of 6%, $50 par, cumulative preferred stock outstanding. On February 28, 2018, Brisbane purchased 29,000 shares of common stock on the open market as treasury stock paying $45 per share. Brisbane sold 6,500 treasury shares on September 30, 2018, for $50 per share. Net income for 2018 was $185,905. Also outstanding during the year were fully vested incentive stock options giving key personnel the...