Reference no: EM131004124
In its financial statements for the year ended January 31, 2003, Met-Pro disclosed the following:
|
Net income Earnings per share:
|
$5,888,379
|
|
Basic
|
$0.95
|
|
Diluted
|
$0.95
|
"Met-Pro . . . manufactures and sells product recovery/pollution control equipment for purification of air and liq- uids, and fluid handling equipment for corrosive, abrasive, and high temperature liquids." 10-K
Common stock: $0.10 par value 18,000,000 shares authorized 7,226,303 shares issued 1,009,934 shares held in treasury Treasury stock at cost $12,036,835
On September 17, 2003, the Board of Directors declared a four-for-three split, effected in the form of a stock distribution, payable on October 15, 2003, to shareholders of record on October 1, 2003. The Company retained the current par value of $0.10 per share for all common shares.
Required:
a. For the following items, indicate the amount disclosed on the January 31, 2004, statements for the year ended January 31, 2003.
1. Net income
2. Earnings per share
a. Basic
b. Diluted
3. Common stock
a. Par value
b. Shares authorized
c. Shares issued
|
Identify the party that can bring the issue
: Immediately identify the issue. For example. Fraud, Identify the party that can bring the issue/claim and against whom and Discuss the elements
|
|
Firm in danger of bankruptcy
: Select the growth firm, the firm in danger of bankruptcy, and the firm that is the older firm expanding slowly. Explain your selection.
|
|
How has the combination of immigration restrictions
: How has the combination of immigration restrictions and exclusions on citizenship created an Asian American race that is seen as "forever foreigner"?
|
|
What if a line has no x-intercept
: That is a good start, but we need more information. What do the different symbols in this equation you posted mean? Can you give us an example using another equation, like 6x + 3y = 9, and show us how we can use the formula you posted to find the ..
|
|
Recovery-pollution control equipment for purification
: "Met-Pro . . . manufactures and sells product recovery/pollution control equipment for purification of air and liq- uids, and fluid handling equipment for corrosive, abrasive, and high temperature liquids." 10-K
|
|
Receiving stock appreciation rights over stock options
: What is the executive's main advantage of receiving stock appreciation rights over stock options? In 2008, a $15,000 expense is recorded. What is the offsetting account?
|
|
Percentage of earnings retained
: The following data relate to Edger Company:
|
|
How do we use a driver manager in java
: What are the most common kinds of queries in general and how can we use them?
|
|
How actions of u.s. businesses affecting income distribution
: Visit the Census Bureau's page on poverty statistics at http://www.census.gov/hhes/www/ poverty.html. Look at the Small Area Income and Poverty Estimates, and find the latest poverty estimate for your county. How does the poverty rate there compar..
|