How much is basic earnings per share amount for 2011

Reference no: EM13282055

Creekside Company reported net income of $1,268 million in 2011. The weighted average number of common shares outstanding during 2011 was 554 million shares. Creekside paid $30 million in dividends on preferred stock, which was convertible into 15 million shares of common stock. How much is basic earnings per share amount for 2011?

Reference no: EM13282055

Questions Cloud

What is probability that power supply selected at random : If the lower and upper specification for voltage are 4.95V and 5.05 V, respectively what is the probability that a power supply selected at random will conform to the specification on voltage

What is the gain or loss on the retirement of the bonds : On April 30, 2010, one year before maturity, Red Products, Inc. retired $150,000 of 8% bonds payable at 103. The book value of the bonds on April 30 was $144,600. Bond interest was last paid on April 30, 2010. What is the gain or loss on the retir..

Explain at ph 11 the cross-strand negative charge repulsion : Which of the following is the best reason as to why the strands of a DNA molecule are more easily separated at pH > 11. A) At pH 11 the cross-strand negative charge repulsion becomes so strong that the two strands are much more easily separated.

Determine the volume of each cube : The mass of a copper atom is 3.57*10^-25 kg, and the density of copper is 8920 kg/m^3. Determine the volume of each cube

How much is basic earnings per share amount for 2011 : Creekside paid $30 million in dividends on preferred stock, which was convertible into 15 million shares of common stock. How much is basic earnings per share amount for 2011?

Compute what is the average power of the quantization noise : Consider the following discrete-time signal where the samplesare represented using N bits. a. How many bits are needed to ensure that the quantization levelis less than 0.001. b. Suppose N = 8 bits. What is the average power of the quantization noise..

What is the retained earnings balance at the end of the year : Ring Station Company began business on January 1 and immediately issued 500,000 shares of its $1 par value common stock for $8,000,000. At the end of the year it paid $400,000 in cash dividends.

How much did she invest in each bank : Clarisse invests $61500 in money-market accounts at three different banks. Bank A pays 2% interest per year, bank B pays 2.5%, How much did she invest in each bank

Compute the radiation dosage of beta radiation : Calculate the radiation dosage (in grays) for an 85-kg person that is exposed for 7.0 seconds to a 3.0 Ci source of beta radiation. Assume that 100% of the radiation is absorbed and each beta particle has an energy of 1.7× 10-13 J.

User Account

All Pages