Reference no: EM131057633
Module Problem-Solution Assignment:
Problem 1
"On January 1, 2010 Boxer Company had 110,000 share of common stock which was outstanding. During 2010 the following transactions took place:
• April 1- Repurchased 2000 shares which was accounted for as Treasury Stock
• August 30-Sold all the treasury shares
• December 1-Sold 10,000 shares for cash
• December 31-Reported Net Income in the amount of $200,000
• Paid preferred dividends of 20,000
These transactions occurred in 2011:
January 15: Declared and then issued at 20% stock dividend
December 31: Boxer Company reported net income in the amount of $238,500
Requirements:
1 Calculate Boxer Company's Basic EPS for a simple capital structure for the both years individually. The preferred dividends will be applied to both years calculation of earnings per share. Be mindful that stock dividends need to be restated as if it happened at the beginning of the year. You will need to computer the Weighted Average Shares to solve for this problem.
Problem 2
Carmen Company reported 557.5 million in net income in 2010. Then on January 1, 2010 the company had 600 million shares of common stock outstanding. On April 1, 2010 34 million shares of common stock were sold for cash. On June 1, 2010 Carmen Company's stock split 2 for 1. On July 2010, 9 million shares were reacquired as treasury stock. Be mindful that you need to restate the stock split as if it happened at the beginning of the year. You will need compute the Weighted Average Shares Outstanding to solve for the Basic EPS.
Requirements:
2 Take the information in Problem 2 and compute Carmen Company's Earnings per Share for the year ended December 31, 2010.
|
What annual rate of return
: What annual rate of return would grandma zoe need to earn if she deposits $1,000 per month into an account beginning one month from today in order to have a total of $1,000,000 in 30 years?
|
|
What is georgias recourse at the present time
: What is Georgia's recourse at the present time? What can she do, if anything, if she is terminated? What will happen to her health benefits if she is terminated from the company?
|
|
Islam empire of faith part
: Islam Empire of Faith Part 1 Prophet Muhammad and rise of Islam full PBS Documentary
|
|
Goal of the promotion
: 2. Look at Exhibit 15.2 (Communication Process) and explain if the commercial is effective at reaching its intended target. 3. What do you consider to be the goal of the promotion (inform, persuade, or remind)?
|
|
Compute boxer company basic eps for simple capital structure
: Calculate Boxer Company's Basic EPS for a simple capital structure for the both years individually. The preferred dividends will be applied to both years calculation of earnings per share.
|
|
Racism in politics and the judicial system
: Whoever ask for this assignment. I need real references and experience. I have had several so called experts do assignments and guaranteed A+,no plagiarism, and I have not gotten an A. I had to correct spelling, Margins, running heads. I send them..
|
|
Disadvantages of the advertising posttested
: What are the two advantages and two disadvantages of the advertising posttested described in the chapter?
|
|
Write matlab codes to determine the wave characteristics
: Coastal Modelling - 6110ENG Assignment. Write MATLAB codes to- Determine the wave characteristics (i.e. wave height, wave length, wave number, wave celerity) in deep water and at the coast (use the Dispersion relationship and fzero function in MATL..
|
|
General concept of marketing
: Can you describe the general concept of marketing, illustrating on every detail that marketing entails.
|