Finding the earnings per share

Assignment Help Accounting Basics
Reference no: EM13153000

For 2010, Fielder Corporation reported net income of $30,000; net sales $400,000; and average shares outstanding of 6,000. There were no preferred stock dividends. What was the 2010 earnings per share?

a) $4.66

b) $0.20

c) $66.67

d) $5.00

Reference no: EM13153000

Questions Cloud

How much better are workers at one plant compared to another : How much better are the workers at one plant compared to another? How much "better" is line 1 of variety A compared to line 2 of variety C?
What would you expect to observe if following modification : Clathrin-coated vesicles bud from eucaryotic plasma membrane fragments when adaptins, clathrin, and dynamin-GTP are added. What would you expect to observe if the following modifications were made to the experiment? Explain your answer.
What is the free energy change for cellular respiration : what is the free energy change for cellular respiration and what does this mean for the reaction?
Explain liberates a gas when treated with nano2 : Propose a structure for an amine of formula C4H9N, which liberates a gas when treated with NaNO2 and HCl. The 13C NMR spectrum is as follows
Finding the earnings per share : For 2010, Fielder Corporation reported net income of $30,000; net sales $400,000; and average shares outstanding of 6,000. There were no preferred stock dividends. What was the 2010 earnings per share?
Thomson one - business school edition - walt disney prospect : Thomson One - Business School Edition - Walt Disney Prospectus Students are to go to the Thomson One site and find the prospectus filed on December 19, 2008, by Walt Disney Company (ticker symbol, DIS). This prospectus can be accessed under the filin..
Suggestions for developing exit interviews : Compare the suggestions for developing exit interviews from your textbook to the methods used by Tanglewood. What specific concerns do you have about the quality
How confident are the treatment groups actually differ : Let"s redesign the Steak experiment so that in addition to 4 packaging methods, we have two storage temperatures -- Low, High. We have 16 steaks available. How do we randomly assign them?
Calculate confidence interval for the population proportion : A sample of 200 lizards was collected, and 137 were found to be females. Calculate a 95% confidence interval for the population proportion of females.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Conditions for cash dividend payment

Why must preferred stock dividends be subtracted from net income in computing earnings per share? Why is common stock usually not issued at a price that is less than par value?

  Divisions located in different countries

Discuss the issues and complications that may arise when multinational corporations conduct performance measurement and comparisons among divisions located in different countries.

  Valuation of business assets-financial statements

Why is it important to properly value a business's assets and how does asset valuation impact the financial statements of an organization?

  Implied annual interest rate-inherent in credit terms

Farewell company purchased merchandise with an invoice price of $2000 and credit terms of 2/10, n/30. Assuming a 360 day year, what is the implied annual interest rate inherent in the credit terms?

  Analysis of agency

Identify a public agency - either at the local, state, or federal levels - that has undergone significant change in the last 25 years. You may choose an agency that you have had personal experience with, or you may choose a public agency that you ..

  Explain how an auditor defines

Explain how an auditor defines or describes what a material misstatement would be for a particular client from both a qualitative and quantitative perspective.What is the audit risk model discuss each of the risk factors in this model and the rela..

  Prepare bank reconciliation and journal entries

Prepare responses to the following assignments from the e-text, Fundamentals of Financial Accounting 1st ed., by Phillips, Libby, and Libby-Identifying Outstanding Checks and Deposits in Transit and Preparing a Bank Reconciliation and Journal Entri..

  Book vaule of the equipment

On January 1, 2010 M. Johnson Company purchased equipment for $30,000. The company is depreciating the equipment at the rate of $500 per month. The book vaule of the equipment at December is?

  Compute northeast usa first-year depreciation

Assume that at the beginning of 2010, Northeast USA, a FedEx competitor, purchased a used Boeing 737 aircraft at a cost of $53,000,000. Northeast USA expects the plane to remain useful for five years (six million miles) and to have a residual valu..

  Subsidiary gross income

Subsidiary Corporation is insolvent and has no assets to redeem any of the stock that Parent Corporation owns when it liquidates. Nearly all of Subsidiary's gross income during the past five years has come from nonpassive activities. Parent can re..

  Total amount of federal and state unemployment tax

Unruh co. which has a taxable payroll of 400,000, is subject to FUTA tax 0f 6.2% and a state contribution rate of 5.4%. however, because of stable employment sxperience, the company's state rate has been reduced to 2%. What is the total amount of ..

  What are some factors that could cause this to happen

When doing a horizontal analysis on a business income statement, you notice that sales have decreased by 9%, but the gross profit has increased by 13%. What are some factors that could cause this to happen?

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