User Account

All Pages

The preferred stock is convertible into share

Assignment Help Managerial Economics
Reference no: EM13986580

Pakison, Inc. had 200,000 shares of $20 par common stock and 20,000 shares of $100 par, 6 percent cumulative, convertible preferred stock outstanding for the entire year ended December 31, 2010. The preferred stock is convertible into 5 shares of common stock. Parkison's net income for 2010 was $840,000.

Diluted earnings per share as of December 31, 2010 was??

Reference no: EM13986580

Questions Cloud

Compute the dollar amount of the weekly payroll : Denton Corporation employs 50 workers in its plant. Each employee is paid $10 per hour and works seven hours per day, Monday through Friday. Employees are paid every Friday. The last payday was Friday, September 19.
What is the ratio of the weight of the helium balloon : Air is about 80% nitrogen and 20% oxygen. What is the ratio of the weight of the helium balloon to the weight of the air-filled balloon?
How far from the center may the block be placed : A block of wood 34 cm wide and 85 cm tall is placed on a merry-go-round which rotates at 0.95 rad/s. How far from the center may the block be placed before it will tip over?
Problem about the costs and expenses : For each cost, explain whether all of the cost or only a portion of the cost would appear as an expense on the income statement for the period in which the cost was incurred. If not all of the cost would appear on the income statement for that per..
The preferred stock is convertible into share : Diluted earnings per share as of December 31, 2010 was??
What is the speed of the block when it reaches the bottom : What is the speed of the block when it reaches the bottom? For this part, use force and torque methods. Using an energy method instead, calculate the same answer.
Prepare the journal entries to record the adjustments : Prepare the July bank reconciliation for the Topper Company. Also prepare the Journal Entries to record the adjustments - What is the basic accounting equation?
What is the maximum frequency at which the block will stay : A block is sitting on a small platform supported by a spring and is undergoing simple harmonic oscillation with an amplitude of 7.5 cm. What is the maximum frequency at which the block will stay on the platform?
Purchase order as issued to acquire raw materials : Warehouse personnel pull the stock needed for production and move the materials to the plant floor.

Reviews

Write a Review

Managerial Economics Questions & Answers

  Imagine you are a manager of a chemical company

Imagine you are a manager of a chemical company. An accident has occurred in which chemicals leaked into the ground water nearby, the community is unaware. Assess the costs involved in cleaning up the water immediately (confessing) versus hiding the ..

  Ethical relativism to determine the best way to deal

Ethical relativism does not do a good job of resolving conflicts, but it can work well to resolve conflicts within a culture by applying the majority rule. For this paper you are going to use ethical relativism to determine the best way to deal

  Question about resource allocation

Enpar manufactures a one type of engine part for an automotive manufacturer. It operates 2-plants, Plant A and Plant B, which have the following production functions:

  Which of the following is not an example of an externality

Which of the following is NOT an example of an externality?  Explain why the other examples are externalities and why the one you selected is not.

  How much would they change

Which line items and totals would change, by how much would they change, and what would be the resulting values in the following Income statement and balance sheet

  Calculate current industry output

The current fare market price of $45 can not be increased. Compute current industry output and the market share of each airline

  The short run consumption function

1.Why will the short run consumption function be different from the long run consumption function?

  Supernormal profits are competed away

1.If supernormal profits are competed away under perfect competition, why will firms have an incentive to become more efficient?

  Q1 write a note on managerial decision-making under perfect

q1 write a note on managerial decision-making under perfect information risk uncertainty.q2 show that the price effect

  Use the internet and strayer databases to research

Use the Internet and Strayer databases to research the elasticity of demand for consumer goods and services in an industry of your choice. Be prepared to discuss.

  Problems of relying on automatic fiscal stabilizers

What are the problems of relying on automatic fiscal stabilizers to ensure a stable economy at full employment?

  Increased long run economic growth

If increased investment (using current technology) does not lead to increased long run economic growth, does it bring any benefits?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd