Compute earnings per share for the year 2010

Assignment Help Finance Basics
Reference no: EM13293868

Frantic Fast Foods had earnings after taxes of $390,000 in the year 2009 with 300,000 shares outstanding. On January 1, 2010, the firm issued 25,000 new shares. Because of the proceeds from these new shares and other operating improvements, earnings after taxes increased by 20 percent. a. Compute earnings per share for the year 2009. b. Compute earnings per share for the year 2010.

Reference no: EM13293868

Questions Cloud

Which decision method seems more appropriate : Compare and contrast the firm's actions with your findings in part c. Which decision method seems more appropriate? Explain why.
At what frequency does the total phase shift reach 180degree : An Opamp has a low frequency gain of 10^5 and a high frequency response with a single pole at 100 rad/s and a pair of poles at10,000 rad/s. (a) At what frequency does the total phase shift reach 180 degrees.
Discuss the united states legal system characteristics : Discuss the United States legal system's characteristics, its application and use in American society, and the ways in which it affects country's relations with the global community.
Partnership income-sharing agreement : Partnership income-sharing agreement
Compute earnings per share for the year 2010 : Because of the proceeds from these new shares and other operating improvements, earnings after taxes increased by 20 percent. a. Compute earnings per share for the year 2009. b. Compute earnings per share for the year 2010.
Determine what is the total area of the inverter : Using the switch-resistor MOSFET model, design an invertersatisfying the static discipline for the four voltage thresholds using an n-channel MOSFET with RN=1KΩand VT=1.8v. Recall, RON=RN(L/W).Assume VS=5v and Rsquare for a resistor is 500Ω.
Define the ph of a solution that contains citrate ions : What is the pH of a solution that contains an initial concentration of 0.080 M citric acid and .010 M citrate ions (Ka = 7.4 x 10-4)
Calculate the distance from the canoeist to shore : A 75-kg canoeist stands in the middle of her 20-kg canoe. The canoe is 3.0 m long, Calculate the distance from the canoeist to shore
What is the diameter of the circular path of molecules : A chemist uses a mass spectrometer to determine the amounts of specific kinds of air pollution in an air sample. What is the diameter of the circular path of NO (nitrous oxide) molecules

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the new divisor for the price-weighted index

Able, Baker, and Charlie are the only three stocks in an index. The stocks sell for $94, $312, and $90, respectively. If Baker undergoes a 2-for-1 stock split, what is the new divisor for the price-weighted index?

  Description of capital asset pricing model

In brief describe the capital asset pricing model (CAPM), its practical use, and its limitations.

  What is the total issue size necessary to yield

If a banker's spread is 6.5% of the total issue size, with $60,000 out-of-pocket exp, what is the total issue size necessary to yield 10 million in cash? Use formula.

  What is the cost of new equity for this company

What is the cost of new equity for this company, taking into account flotation costs?

  What is the amount of the net capital spending

Beginning net net fixed assets of $218,470 and ending net fixed assets of 209,411. During the year, assets with a combined book value of $6,943 were sold. Depriciation for the year was $42,822. What is the amount of the net capital spending?

  What is the firms accounts receivables turnover

Flying Tigers, Inc., has net sales of $738,000 and accounts receivables of $161,000. What is the firm's accounts receivables turnover?

  Why are cash flows that are connected to common stock

Why are cash flows that are connected to common stock difficult to estimate? How does this compare to those related to bonds.

  Find what is the projects payback period

A firm is reviewing a project that has an initial cost of $82,000. The project will produce cash inflows, starting with year 1, of $5,100, $13,900, $25,400, $28,700, and finally in year 5, $31,600.

  Calculating compound interest to find balance in account

Use the appropriate compound interest formula to compare the balance in the account after the stated period of time.

  Does inflation in gasoline prices increase or decrease npv

Does inflation in gasoline prices increase or decrease the NPV of replacing the guzzler with the Leaf? Explain your reasoning!

  Use of debt in capital structure

Why might firms whose sales levels change drastically over time choose to use debt only sparingly in their capital structures?

  What is the fund required rate of return

If the market's required rate of return is 13% and the risk-free rate is 7%, what is the fund's required rate of return? Round your answer to two decimal places.

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