Computing basic earnings per share-diluted earnings

Assignment Help Business Management
Reference no: EM131785665

Greko Company has 1,800,000 shares of common stock outstanding on December 31, 2010. An additional 150,000 shares of common stock were issued on July 1, 2011, and 300,000 more on October 1, 2011. On April 1, 2011, Grimm issued 6,000, $1,000 face value, 8% convertible bonds. Each bond is convertible into 40 shares of common stock. No bonds were converted into common stock in 2011. What is the number of shares to be used in computing basic earnings per share and diluted earnings per share, respectively, for the year ended December 31, 2011?

Reference no: EM131785665

Questions Cloud

Analytical relationship in disturbance and the recycle flow : The well-mixed, constant-volume chemical reactor with separator and re cycle in Figure is considered in this question.
Prepare a statement showing the gross profit : Prepare a statement showing the gross profit, Prepare a statement showing the profitability of each type of sales
What effect would one predict for desired family size : What effect would one predict for desired family size if family members were to cease undertaking unpaid household labour and undertake instead marketed labour?
How legal requirements governing engineering activities : Explain how legal requirements governing engineering activities including personal, health, safety and risk may impact on the project
Computing basic earnings per share-diluted earnings : What is the number of shares to be used in computing basic earnings per share and diluted earnings per share, respectively, for the year ended December 31, 2011
Computing diluted earnings per share : The average market price of Stine's common stock was $35 during 2011. The number of shares to be used in computing diluted earnings per share.
How much will operating income change : Variable costs as a percentage of sales for Leamon Inc. are 66%, current sales are $612,750. How much will operating income change if sales increase by $49,790
What is the value of the firm equity : a. Suppose the firm has no debt and pays out its net income as a dividend each year. What is the value of the firm's equity?
What is the excess amortization expense : At the acquisition date, Cookeville Ice Cream has equipment with a book value of $140,000, What is the excess amortization expense for period ending December

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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