Reference no: EM131602255
On December 31, 2015, Cod Company had outstanding 400,000 shares of common stock and 40,000 shares of 8% cumulative, nonconvertible, preferred stock (par $10). On February 28, 2016, Fish issued an additional 36,000 shares of common stock. A 10% common stock dividend was declared and distributed on July 1, 2016 on all outstanding shares of common stock. On September 1, 2016, 9,000 shares were retired. At year-end, there were fully vested incentive stock options outstanding for 30,000 shares of common stock (adjusted for the stock dividend). The exercise price was $18. The market price of the common stock averaged $20 during the year. Also outstanding were $1,000,000 face amount of 10% convertible bonds issued in 2013 and convertible into 50,000 common shares (adjusted for the stock dividend). Net income was $900,000. The tax rate for the year was 40%.
Compute basic and diluted EPS (rounded to 2 decimal places) for the year ended December 31, 2016.
BASIC EPS _________ Diluted EPS _________
|
What percentage of the portfolio is invested in stock
: what percentage of the portfolio is invested in Stock A?
|
|
Find the average rate of change
: Make a table of values rounded to two decimal places for the function f(x) = ex for x = 1, 1.5, 2, 2.5, and 3. Then use the table to answer parts (b) and (c).
|
|
Estimate the instantaneous rate of change of the function
: By choosing small values for h, estimate the instantaneous rate of change of the function f(x) = x3 with respect to x at x = 1.
|
|
What is the standard deviation of potfolio
: What is the standard deviation of a potfolio with 80% of the funds invested in A?
|
|
Compute basic and diluted eps
: On December 31, 2015, Cod Company had outstanding 400,000 shares of common stock and 40,000 shares of 8% cumulative, Compute basic and diluted EPS
|
|
What is value of stock that has current divident per share
: What is the value of a stock that has a current divident per share of $5, a beta of 1.1 and constant growth of 5%?
|
|
Price of these bonds today compare to the issue price
: How does the price of these bonds today compare to the issue price?
|
|
What is the current value of this stock if required return
: What is the current value of this stock if the required return is 16 percent?
|
|
Railway cabooses just paid its annual dividend
: How much are you willing to pay today to purchase stock in this company if your required rate of return is 13 percent?
|