Earnings per share of common stock

Assignment Help Accounting Basics
Reference no: EM13762615

Parson Corporation had 500,000 shares of common stock outstanding on January 1, issued 100,000 shares on October 1, and had income applicable to common stock of $730,000 for the year ended December 31, 2013. Rounded to the nearest penny, earnings per share of common stock for 2013 would be

  • $1.67
  • $1.46
  • $1.39
  • $1.22

Reference no: EM13762615

Questions Cloud

How would enter a specific global market : Identify a non-global company and select a market entry strategy.
Cumulative effect of the accounting change : Assume that the income tax rate for all years is 30%. The cumulative effect of the accounting change should be reported by Playtime in its 2013
Write a program that reads a file and builds a linked list : Write a program that reads a file and builds a linked list. After the list is built display it on monitor. You may use any appropriate data structure, but it should have a key field and data. Two possibilities are a list of your favourite CD's or ..
Discuss vendetta in the play blood wedding : Give a character sketch of each major character and discuss their intertwined relationships. Discuss vendetta in the play Blood Wedding. Who has a vendetta? What is the result?
Earnings per share of common stock : Parson Corporation had 500,000 shares of common stock outstanding on January 1, issued 100,000 shares on October 1, and had income applicable to common stock of $730,000 for the year ended December 31, 2013. Rounded to the nearest penny, earnings ..
E training evaluation : Now that the users have been trained on the new financial accounting system in your organization and the helpdesk has begun to support the system, you would like to perform a post-implementation review to ensure that the system is meeting the obje..
Effective-interest method and plans : On January 1, 2013, King Corporation paid $705,186 to acquire 10% bonds with a face value of $750,000. The discount of $44,814 provides an effective yeld of 11%. King Corporation uses the effective-interest method and plans to hold these bonds to ..
Operations of information security : This assignment consists of two (2) sections: a written paper and a PowerPoint presentation. You must submit both sections as separate files for the completion of this assignment. Label each file name according to the section of the assignment it ..
Fundamental drivers of the fraud : Briefly describe the selected publicly traded company that committed fraud, and analyze the fundamental drivers of the fraud.

Reviews

Write a Review

Accounting Basics Questions & Answers

  For example wages and salaries should be 20700 plus 1500

harolds roof repair has provided the following data concerning its costsfixed cost per monthcost per

  On july 1 2010 brower industries inc issued 8000000 of

on july 1 2010 brower industries inc. issued 8000000 of 5-year 11 bonds at an effective interest rate of 12 receiving

  This problem contains three parts in part a you are asked

this problem contains three parts. in part a you are asked to determine the parameters of the profit equation - cm and

  Medco corporation can sell preferred stock for 86 with an

medco corporation can sell preferred stock for 86 with an estimated flotation cost of 4. it is anticipated that the

  Stewart company sold 180 units 320 each on october 31 2012

stewart company sold 180 units 320 each on october 31 2012. cash selling and administrative expenses were 15000. the

  On december 5 the store received 500 from the jackson

liability entries and adjustments listed below are selected transactions of schultz department store for the current

  Multiple choice question on civil forfeiture laws

multiple choice question:-Civil forfeiture laws allow law enforcement to seize property in the absence of a criminal charge or the establishment of guilt if police believe they find any evidence of a drug-related crime.

  What is the value of the companies fixed asset

What is the value of the companies Fixed Asset. What is the working capital

  Unit variable cost and the contribution margin per unit

Compute the unit variable cost and the contribution margin per unit. If fixed costs are $2750.00 per month. What is the break-even point in units?

  Determining the operating profit of dick sporting goods

Dick’s Sporting Goods makes customized uniforms. The Great Northwest League has offered to buy 80 basketball jerseys for $16 per jersey-If Dick’s accepts the special order from The Great Northwest League, its operating profit will

  Sow the calculations to verify that the total amount of

develop a plan for the distribution of salary increases. suppose you are employed in a local industry and your

  Question regarding the acquisition of solvay

In February 2010, Abbott Laboratories acquired Solvay Pharmaceuticals in exchange for $6.1 billion in cash plus contingent consideration. Referring to Abbott's 2010 financial statements, answer the following questions related to Abbott's acquisiti..

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