User Account

All Pages

Compute the proper earnings per share

Assignment Help Accounting Basics
Reference no: EM133066602

Question - Oriole Corporation has 370,000 shares of common stock outstanding throughout 2021. In addition, the corporation has 4,800, 20-year, 9% bonds issued at par in 2019. Each $1,000 bond is convertible into 20 shares of common stock after 9/23/22. During the year 2021, the corporation earned $740,000 after deducting all expenses. The tax rate was 30%. Compute the proper earnings per share for 2021.

Reference no: EM133066602

Questions Cloud

Assignment on exchange rates : Assumption #1: It costs $10,000 a year to attend GSU and this figure hasn't changed since 2015.
What the common stockholders will receive : If the preferred stock is cumulative and nonparticipating and $248500 is distributed, the common stockholders will receive
Aspects of the economic organization : Which aspects of the economic organization of U.S. medical care result from market failure?
Explain neoclassical economics and classical economics : -What's the difference between neoclassical economics and classical economics equilibrium general theory and profit maximization? From what I understand, classi
Compute the proper earnings per share : The corporation earned $740,000 after deducting all expenses. The tax rate was 30%. Compute the proper earnings per share for 2021
Explain the heritage conservation and protection : Outline the concepts of economic and cultural value as they are attributable to the built heritage in Australia. What is the main instrument by which government
How many units should Maki purchase : Maki plans to sell 25,000 units of a particular product during July, how many units should Maki purchase for the quarter ended September 30
Level of yearly consulting revenues : You are currently making $175,000 per year as an economist for a major Bay Street bank. [Clearly all that E00101 studying paid off.) You are considering leaving
Define responsible media consumption : How various media drive different forms of global integration?

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