Ahnberg corporation had 800000 shares of common stock

Assignment Help Accounting Basics
Reference no: EM13571567

Ahnberg Corporation had 800,000 shares of common stock issued and outstanding at January 1. No common shares were issued during the year, but on January 1 Ahnberg issued 100,000 shares of convertible preferred stock. The preferred shares are convertible into 200,000 shares of common stock. During the year Ahnberg paid $60,000 cash dividends on the preferred stock.Net income was $1,500,000. What were Ahnberg's basic and diluted earnings per share for the year?

Reference no: EM13571567

Questions Cloud

Wat is the current required return on this stock if the : last year when the stock of shipping enterprises was sellingfor 48 a share the dividend yield was 4.5 percent. today
Which of the following is not an advantage of issuing bonds : which of the following is not an advantage of issuing bonds when compared to issuing additional shares of stock in
University food systems inc has issued a 40 percent stock : university food systems inc. has issued a 40 percent stock dividend. the company has 752000 shares authorized and
Determine the abc cost of a resident day for each category : grand haven is a senior living community that offers a full range of services including independent living assisted
Ahnberg corporation had 800000 shares of common stock : ahnberg corporation had 800000 shares of common stock issued and outstanding at january 1. no common shares were issued
The balance sheet for ronlad corporation reported 168000 : the balance sheet for ronlad corporation reported 168000 shares outstanding 268000 shares authorized and 10000 shares
Cole company has 288000 shares of common stock authorized : cole company has 288000 shares of common stock authorized 260000 shares issued and 60000 shares of treasury stock. the
Taylor trucking is considering purchasing a new truck it is : taylor trucking is considering purchasing a new truck. it is expected the truck will increase annual revenues by 31000
What is the amount of cash collections that spencer will : spencer corp. reported accounts receivable of 28000 on its december 31 2011 balance sheet. on december 31 2012 accounts

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd