Reference no: EM132007284
Questions -
1. A company's net income is $100,000, and its weighted-average shares outstanding are 20,000. During the year, the company issues 5,000 ESOs at an exercise price of $20.
What will be the diluted EPS if average stock price during the year is $35 and treasury shares that can be purchased are 1,000?
2. Beginning and ending plant assets are $325,000 and $370,000 respectively. Beginning and ending accumulated depreciation are $82,800 and $95,000 respectively. Depreciation expense for the period was $30,000, and new assets of $76,000 were purchased. Plant assets were sold at a $10,500 loss. What were the cash proceeds from the sale?
3. Beginning and ending prepaid insurance is $36,000 and $26,500 respectively. During the period, $30,500 of insurance expense was recorded. How much new insurance was purchased?
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Save on transportation costs
: What strategies and research should they use to save on transportation costs while fulfilling family transportation needs?
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Prepare the journal entries necessary to record issue
: Matt Perry, Inc. had outstanding $6,160,000 of 11% bonds due in 10 years. Prepare the journal entries necessary to record issue of the new bonds
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Buying assets of bankrupt companies at a discount
: Vultures, Inc., specializes in buying assets of bankrupt companies at a discount. Vultures' stock price seems to go up whenever other companies
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At what price would the bonds sell
: "Suppose Ford sold an issue of bonds with a 15-year maturity, a $1000 per value, a 12% coupon rate, and annual interest payments.
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How much new insurance was purchased
: During the period, $30,500 of insurance expense was recorded. How much new insurance was purchased
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What is the bonds coupon rate
: Suppose a five-year, $1,000 bond with annual coupons has a price of $897.72 and a yield to maturity of 6.3%.
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Perpetual equivalent annual cost at an interest
: Determine the perpetual equivalent annual cost at an interest rate of 14% per year. The perpetual equivalent annual cost is determined to be -$
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How much interest should be recognized at the end of year
: Merlin Co. leased equipment to Houdini Inc. The equipment cost the lessor $200,000. How much interest should be recognized at the end of year 1 by the Lessor
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Renegotiated bond should be selling today
: What is the price at which the new renegotiated bond should be selling today? Recall that the compounding interval is 6 months and the YTM
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