Computing basic earnings and diluted earnings per share

Assignment Help Accounting Basics
Reference no: EM133189327

Question - Yoder, Incorporated, has 3,600,000 shares of common stock outstanding on December 31, 2014. An additional 800,000 shares of common stock were issued on April 1, 2015, and 400,000 more on July 1, 2015. On October 1, 2015, Yoder issued 20,000, $1,000 face value, 8% convertible bonds. Each bond is convertible into 20 shares of common stock. No bonds were converted into common stock in 2015. What is the number of shares to be used in computing basic earnings per share and diluted earnings per share, respectively?

Reference no: EM133189327

Questions Cloud

Compute the bond current market price : Interest is paid annually, they have a $1,000 par value, the coupon interest rate is 9%, and the yield to maturity is 11%. Compute the bond current market price
Briefly explain which stock has performed better : Suppose you own Stocks Y and Z. Based on data over the past decade, the Sharpe ratio for Stock Y is 1.3, Briefly explain which stock has performed better
Explain how the psychological histories can be used : Explain how the psychological histories can be used to inform intervention recommendations to a multidisciplinary team in a medical facility
Compute the project npv : Project A requires an initial outlay at t=0 of $65,000, its expected cash inflows are $12,000 per year for 9 years, Compute the project NPV
Computing basic earnings and diluted earnings per share : Yoder, Incorporated, has 3,600,000 shares of common stock outstanding on December 31, 2014. computing basic earnings and diluted earnings per share
What is the net realizable value of receivables : Zinc Company uses the percent of 7 sales method for estimating bad debts expense. What is the net realizable value of receivables
What is comparative advantage : What is absolute advantage? What is comparative advantage and Under what conditions does comparative advantage lead to gains from trade
Why many managers avoid confrontation with their employees : Why many managers avoid confrontation with their employees, Is this a functional and effective way to behave as a manager
Discuss the current inflation situation in the united states : Discuss the current inflation situation in the United States. Be specific, including researching the inflation rate and the primary causes in relation to supply

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.

  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!

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