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Question - On January 2, 2018, Worth Co. issued at par $2,000,000 of 7% convertible bonds. Each $1.000 bond is convertible into 10 shares of common stock. No bonds were converted during 2018. Worth had 200,000 shares of common stock outstanding during 2018. Worth's 2018 net income was $900,000 and the income tax rate was 30%. Determine the Worth's diluted earnings per share for 2018?
Keshena Co. borrows $170,000 cash on November 1, 2009, by signing a 120-day, 7% note with a face value of $170,000. How much interest expense results from this note in 2009?
Determine who operates the most flights. Is there one airline that operated more flights than any other single airline for each week in this dataset?
A company has beginning inventory, On June 15, they also purchased 200 units at $ 5.99 each. What is the cost of goods sold using the LIFO inventory method?
The Houston Corp. needs to raise money for an addition to its plant. It will issue 300,000 shares of new common stock. Compute the net proceeds to Houston Corp
Hades Company purchased 10,000 Kronos Corporation common shares for $26.18 per share, Prepare the entries to record receipt of the dividend
Translate Guilin Company's financial statements into U.S. dollars at 12/31/2017, assuming that RMB is the functional currency
Draft a short speech that you will give to your university's Business Club. The title of your talk is "What Is Worldwide Taxation and How Can I Avoid It
The Sophia Company adopted a defined benefit pension plan on January 1, 2015, What is the pension expense for 2015
Abagail Corp. uses activity-based costing system with three activity cost pools. How much total cost would be allocated to the Assembly activity cost pool
ERP Implementation Case
Discuss why the Finance Director believes the above scheme may favourably improve Alpha's earnings per share and gearing
Record these series of transactions in the general journal of Leggy Pants. Record these series of transactions in the general journal of Viking
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