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Question - Bonita Industries had 193000 shares of common stock, 19500 shares of convertible preferred stock, and $607000 of 10% convertible bonds outstanding during 2021. The preferred stock is convertible into 39400 shares of common stock. During 2021, Bonita paid dividends of $0.54 per share on the common stock and $1.80 per share on the preferred stock. Each $1,000 bond is convertible into 45 shares of common stock. The net income for 2021 was $370000 and the income tax rate was 25%. Determine Basic earnings per share for 2021?
sherwin company makes bicycles. various divisions make components and transfer them to the dayton division for assembly
the man-hour estimate for test and evaluation was based on using expert opinion to come up with optimistic pessimistic
Compute the average variable cost per unit values. At an activity level of 8,800 units, Pember Corporation's total variable cost is $146,520
1. Discuss the differences between centralized and decentralized decision making. 2. What is decentralization? 3. Explain why firms choose to decentralize.
Steckelberg Inc. produces and sells a single product. The selling price of the product is $150 per unit and its variable cost is $54 per unit. The fixed expense is $154,560 per month. The break-even monthly unit sales is ??
Englehart Co. provides the following information about its post-retirement benefit plan for the year 2012. Compute the post retirement benefit expense for 2012
Assume the firm uses straight line depreciation. The firm's marginal tax rate is 30%. What is the annual operating cash flow
Prepare a table indicating contribution margin, variable cost of goods sold as a percent of sales, variable selling expenses as a percent of sales
Required: What amount should be shown for buildings on the consolidated balance sheet dated December 31, 2011
Betty Brewster received the following interest payments. What is the amount of interest income to be included in income
Adams, Beck, and Carr organized Flexo Corp. with authorized voting common stock of $100,000. What amount of gain did Carr recognize from this transaction
How much will the amount you just computed grow to if it remains invested for the remaining 35 years, but without any additional yearly deposits being made?
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