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

  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.

  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

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