User Account

All Pages

Compute the basic earnings per share

Assignment Help Accounting Basics
Reference no: EM132050985

Question - Assume that the following data relate to Rosen, Inc. for the year 2015:

Net income (40% tax rate) $3,500,000

Average common shares outstanding 2015 1,000,000 shares 8% cumulative convertible preferred stock:

Convertible into 80,000 shares of common $2,000,000 5% convertible bonds; convertible into 75,000 shares of common $4,000,000

Stock options:

Exercisable at the option price of $30 per share; average market price in 2015, $35 84,000 shares

Instructions - Compute (a) basic earnings per share, and (b) diluted earnings per share.

Reference no: EM132050985

Questions Cloud

Design a fictitious experiment based on the hypothesis : Design a fictitious experiment based on the choosing of a hypothesis. a. People in noisy environments are more likely to suffer from high blood pressure.
Statements about efficient markets : Which of the following statements about efficient markets is(are) most correct?
Explain the family and medical leave act : Please explain the Family and Medical Leave Act. Your response should include to which businesses the Act applies
Expected return–standard deviation diagram : Draw the CML and your funds’ CAL on an expected return–standard deviation diagram.
Compute the basic earnings per share : Assume that the following data relate to Rosen, Inc. for the year 2015: Compute (a) basic earnings per share, and (b) diluted earnings per share
Explanation of the type of behavior : Your response should include an explanation of the type of behavior each Section is meant to address, the burden of proof under each Section
What is the fair market value of share of dvorak : If the required rate of return on this stock is 9 percent, what is the fair market value of a share of Dvorak?
Why might this company decide to pursue project : What is the project’s profitability index? Why might this company decide to pursue this project?
Equal employment commission : On a Employement Descrimination case if an employee was being harrassed with inappropriate sexual comments

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd