Reference no: EM132509738
Question - On December 31, 2017, Dow Steel Corporation had 670,000 shares of common stock and 37,000 shares of 7% noncumulative, nonconvertible preferred stock issued and outstanding. Dow issued a 4% common stock dividend on May 15, and paid cash dividends of $470,000 and $76,000 to common and preferred shareholders, respectively, on December 15, 2018.
On February 28, 2018, Dow sold 51,000 common shares in keeping with its long-term share repurchase plan, 4,000 shares were retired on July 1. Dow's net income for the year ended December 31, 2018, was $2,450,000. The income tax rate is 40%.
Compute Dow's earnings per share for the year ended December 31, 2018.
|
Discuss about cost behavior within particular relevant range
: Which are true about cost behavior within a particular relevant range. The slope of total variable costs is positive over increasing levels of production.
|
|
Calculate the expected return and standard deviation
: Based on the following information, calculate the expected return and standard deviation for two stocks:
|
|
Incorporate social technology
: Magenta Multimedia has decided to incorporate social technology into its business to maintain its competitive advantage. It would like to use technologies
|
|
Determining the overall stock market
: The CFO of firm NIC Inc. failed to disclose the lavish perks afforded to its former CEO. Specifically, NIC Inc. paid for the restoration of the former CEO's
|
|
Compute Dows earnings per share
: On February 28, 2018, Dow sold 51,000 common shares in keeping with its long-term share repurchase plan, Compute Dow's earnings per share
|
|
Develop the ability to assess information security challenge
: Develop the ability to assess information security challenges/issues in the context of data science and advise on the adoption of relevant strategies, tools
|
|
Find decreasing inventory levels by producing less
: If a manager's bonus is tied to operating income, then decreasing inventory levels by producing less compared to last year would result in
|
|
How the transactions will affect the accounting equation
: Show how the above transactions will affect the accounting equation and enter how the accounts in the general Leger will be affected
|
|
Calculate the macaulay duration
: Calculate the Macaulay duration of an 8%, $1,000 par bond that matures in three years if the bond's YTM is 14% and interest is paid
|