Cisco inc reported the following in its income statement

Assignment Help Accounting Basics
Reference no: EM13588253

Cisco Inc. reported the following in its income statement for the year ended July 26, 2008: Basic earnings per share of $1.35 and diluted earnings per share of $1.31.
5,986 million weighted average shares were outstanding during the year. What approximate net income, did the company report for 2008?

Reference no: EM13588253

Questions Cloud

Berlin corporation purchases an investment in best pictures : berlin corporation purchases an investment in best pictures inc. at a purchase price of 3 million cash representing 45
A company reported stockholders equity on january 1 of the : a company reported stockholders equity on january 1 of the current year as follows common stock 5 par value 1000000
Because of changing technologies the projector is estimated : the rialto theatre purchased a new projector costing 37000 on january 1 2010. because of changing technologies the
On january 1 a company borrowed 50000 cash by signing a 7 : on january 1 a company borrowed 50000 cash by signing a 7 installment note that is to be repaid in 5 annual end-of-year
Cisco inc reported the following in its income statement : cisco inc. reported the following in its income statement for the year ended july 26 2008 basic earnings per share of
Flitter corporation uses the weighted-average method in its : flitter corporation uses the weighted-average method in its process costing. the following data pertain to its
On january 1 a company issued 10 10-year bonds payable with : on january 1 a company issued 10 10-year bonds payable with a par value of 720000. the bonds pay interest on july 1 and
Lime corporation distributes the stock basis of 425000 fair : for the last eleven years lime corporation has owned and operated four different trades or businesses. lime also owns
Nick and jolene are married nick is 64 and retired last : nick and jolene are married. nick is 64 and retired last year from his job with amalgamated company.jolene is 56 and

Reviews

Write a Review

Accounting Basics Questions & Answers

  When an order is received by a restaurants computer it is

the following is a description of ordering food through find your food.the customer uses their computer to go to the

  Should the investor exercise the call option

An investor owns a call option on bond X with a strike price of 100. The coupon rate on bond X is 9% and has 10 years to maturity. The call option expires today at a time when bond X is selling to yield 8%. Should the investor exercise the call op..

  Recognizing the exchange

a. How much gain does Kyle recognize on his exchange? What is the basis to Kyle of his 1,000 shares? b. How much gain does Bob recognize on his exchange? What is the basis to Bob of his 100 shares?

  Bella company is considering purchasing new equipment for

bella company is considering purchasing new equipment for 408414. it is expected that the equipment will produce net

  The controller for a publicly traded company

The controller for a publicly traded company

  Total bond interest expense over the bond

Compute the total bond interest expense over the bonds' life. Prepare the journal entries to record the first two interest payments.

  Average costs and variable costs

What problems are associated with using the average cost per unit as a performance measure? What problems are associated with using the variable cost per unit as a performance measure?

  Chess company uses lifo for inventory costing and reports

chess company uses lifo for inventory costing and reports the following financial data. it also recomputed inventory

  On january 1 20x9 dills company sold a new machine to

dills company purchased an 80 interest in the common stock of sarada company for 140000 on january 1 20x7. on this date

  The transaction was erroneously recorded as a debit

Valence Enterprises received a $5,100 check from a customer for the balance due. The transaction was erroneously recorded as a debit to Cash $1,500 and a credit to Service Revenue $1,500.

  Calculate the molarity of the tartaric acid solution

Calculate the molarity of the tartaric acid solution

  Stanley department stores reported net income of 720000 for

stanley department stores reported net income of 720000 for the year ended december 31 2013. additional

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