Question earnings per share santana corporation has 400000

Assignment Help Accounting Basics
Reference no: EM13373148

Question: Earnings per share. Santana Corporation has 400,000 shares of common stock outstanding throughout 2010. In addition, the corporation has 5,000, 20-year, 7% bonds issued at par in 2008. Each $1,000 bond is convertible into 20 shares of common stock after 9/23/11. During the year 2010, the corporation earned $600,000 after deducting all expenses. The tax rate was 30%.

Instructions:- Compute the proper earnings per share for 2010.

 

Reference no: EM13373148

Questions Cloud

Requirement 1 - prepare the journal entries in the : requirement 1 - prepare the journal entries in the general journaljounral entriesrequirement 2 - post journal
Equity transactionsfoley corporation has the following : equity transactions.foley corporation has the following capital structure at the beginning of the year 6 preferred
Advanced management accounting questionsnbspquestion 1there : advanced management accounting questionsnbspquestion 1there is a company called blake inc. and it refines gasoline and
Stock optionsprepare the necessary entries from 1110-2112 : stock optionsprepare the necessary entries from 1110-2112 for the following events using the fair value method. if no
Question earnings per share santana corporation has 400000 : question earnings per share. santana corporation has 400000 shares of common stock outstanding throughout 2010. in
Equity transactions presented below is information related : equity transactions. presented below is information related to wyrick company1. the company is granted a charter that
Trading equity securitieskorman company has the following : trading equity securities.korman company has the following securities in its portfolio of trading equity securities on
Question 1 before a corporation comes into existence ait : question 1 before a corporation comes into existence a.it can be liable as principal b.it cannot ratify a contract
Introduction what is this report aboutwhy has it been : introduction what is this report aboutwhy has it been writtenwhat will this report showwhat are socially desirable

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