Dicenta corporation reported net income of 277000 in 2012

Reference no: EM13571004

DiCenta Corporation reported net income of $277,000 in 2012 and had 50,000 shares of common stock outstanding throughout the year. Also outstanding all year were 6,250 shares of cumulative preferred stock, each convertible into 2 shares of common. The preferred stock pays an annual dividend of $5 per share. DiCenta' tax rate is 40%. Compute DiCenta' 2012 diluted earnings per share.

Reference no: EM13571004

Questions Cloud

Colby hepworth has just invested 400000 in a book and video : colby hepworth has just invested 400000 in a book and video store. she expects to recieve a cash income of 120000 per

If pc supply is subject to an income tax of 40 percent : the pc supply company manufactures memory cards that sell to wholesalers for 2.00 each. variable and fixed costs are as

Assuming lloyd does not make any additional payments what : how much does lloyd need to increase his withholding by in order to avoid the underpayment penalty? increase in

Choose three 3 works of art from three artists from the : length 500-800 words not including referenceschoose three 3 works of art from three artists from the baroque period

Dicenta corporation reported net income of 277000 in 2012 : dicenta corporation reported net income of 277000 in 2012 and had 50000 shares of common stock outstanding throughout

Type your question heredetermining the present value of a : type your question heredetermining the present value of a lump-sum future cash receipt marsha bittner expects to

The cash dividend has recently been increased to265 per : tulia dairy pays a 2.50 cash dividend and earns 5.00 pershare. the cash dividend has recently been increased to2.65

Blair purchased 290 shares of stock last year at a total : blair purchased 290 shares of stock last year at a total cost of 13880. he has received a total of 650 in dividends on

The company desires ending merchandise inventory to equal : 1.welnor industrial gas corporation supplies acetylene and other compressed gases to industry. data regarding the

Reviews

Write a Review

Required(*) Message

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

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

User Account

All Pages