Compute basic earnings per share for 2010

Assignment Help Cost Accounting
Reference no: EM13496452

There were no changes during 2010 in the number of common shares, preferred share, or convertible bonds outstanding. There is no treasury stock. The company also has common stock options (granted in prior year) to purchase 75,000 shares of common stock at $20 per share.

(a) Compute basic earnings per share for 2010.
(b) Compute diluted earnings per share for 2010.

 

Reference no: EM13496452

Questions Cloud

Define a certain bottled water lists a calcium concentration : A certain bottled water lists a calcium concentration of 55 mg/L. What is its calcium concentration expressed in parts per million (ppm)
What is the maturity value of the bonds : Captain Johnny Whizbang Hamburgers issued 4%, 10-year bonds payable at 85 on December 31, 2012. At December 31, 2014, Captain Johnny reported the bonds payable as follows.
Depict the organic product of the reaction : Draw the organic product of the following reaction between (1S,3S)-1-chloro-3-methylcyclopentane and methanethiol in the presence of sodium hydroxide.
Calculate the vertical analysis for total current assets : Calculate depreciation at each year end that applies straight-line method and units of production method - Calculate the total cost for each purchase date
Compute basic earnings per share for 2010 : There were no changes during 2010 in the number of common shares, preferred share, or convertible bonds outstanding.
Explain the difference between your estimate in part : Consider the setting of Problem 17. You decided to look for other comparables to reduce estimation error in your cost of capital estimate. You find a second firm, Thurbinar Design,which is also engaged in a similar line of business. Thurbinar has a s..
Estimate the yield dunley would have to pay if it were : In fact, one might expect risk premia and betas to increase in recessions. Redo part (b) assuming that the market risk premium and the beta of debt both increase by 20%; that is,they equal 1.2 times their value in recessions.
Explain the formula of the compound formed by strontium : What is the formula of the compound formed by strontium (Sr) and iodine (I)? Answer a. Sr2I b. SrI2 c. SrI d. no correlation between radium and strontium
Find with what angular velocity does it hit the table : A meter stick is hinged at its lower end and allowed to fall from a vertical postion. iof its moment of inertia is Ml2/3 with what angular velocity does it hit the table

Reviews

Write a Review

Cost Accounting Questions & Answers

  Evaluate what is the loss on sale of equipment

A method of estimating bad debts expense that adds a detailed examination of outstanding accounts and evaluate what is the gain/loss on the sale of equipment

  Prepare a salary budget for the fiscal year

Prepare a salary budget for the fiscal year 7/1/X1 to 6/30/X2. Staffing levels are based on the need for six hours of hands-on work per patient day.

  Mostert music company had the following transaction in

mostert music company had the following transaction in marcha. sold instruments to customers for 10000 received 6000 in

  Bill jensen a staff member of zhan amp co cpas has provided

bill jensen a staff member of zhan amp co. cpas has provided you the following list of what he refers to as internal

  Explain why the copier requires on-site repairs

Chang Co. sold a copier costing $7,500 with a two-year parts warranty to a customer on August 16, 2011, for $15,000 cash. Chang uses the perpetual inventory system. On November 22, 2012, the copier requires on-site repairs that are completed the s..

  Calculating npv and irr

Calculating NPV and IRR. A project that provides annual cash flows of $17,300 for 9 years costs $79,000 today. Is this a good project if the required return is 8%?

  What is the firms optimal capital structure

Calculate the after-tax cost of debt for the Wallace clinic, a for-profit healthcare provider, assuming that the coupon rate set on its debt is 11 percent and its tax rate

  Departments cost reconciliation report for november

The company uses the FIFO method in its process costing system. In the departments cost reconciliation report for November, the total cost to be accounted for would be:

  How the selected system would work to track the costs

Describe how the selected system would work to track the costs of the product, identify the cost driver, and explain the process of tracking the costs and provide examples of products that EEC might offer for which a job-order costing system would be..

  Manufacturing overhead applied to work in process

Manufacturing overhead applied to Work in Process for month was $69,450 and manufacturing overhead transferred from Finished Goods to Cost of Goods Sold through the month was $69,450.

  Consolidation worksheet for ogre ltd

Consolidation worksheet for Ogre Ltd and its controlled entity for the period ended 30 June 2012-12 and the consolidated statement of financial position of Ogre Ltd and its controlled entity as at 30 June 2012.

  Which plan would you expect to provide larger future amount

Before making any calculations, which plan would you expect to provide the larger future amount Calculate the future value of each plan. Which plan provides the larger amount at the end of six years "Future Value of Annuity of $1 at 10% for 6 years..

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