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Question - At December 31, 2013, the Agricole Company had 600,000 shares of common stock outstanding. On September 1, 2014, an additional 400,000 shares of common stock were issued. In addition, Agricole had $20,000,000 of 3 percent convertible bonds outstanding at December 31, 2013, which are convertible into 400,000 shares of common stock. No bonds were convened into common stock in 2014. The net income for the year ended December 31, 2014, was $2,000,000. Assuming the income tax rate was 40 percent, what should be the diluted earnings per share for the year ended December 31, 2014?
Assuming a corporate tax rate of 30%, calculate the weighted average cost of capital (WACC) for Miller Ltd on an after-tax basis
Alpha signed a 3 years, 5%, note in the amount of $72,000 for the lump sum purchase. What value should be allocated to the following- Building and Land
Prepare the appropriate journal entries when the wages are ultimately paid to the employees on Friday and Prepare the appropriate journal entries
You, a finance graduate, bought a run-down house for $450,000 and spend another $75,000 on painters, How much value did you add to the house
Greyhound Ltd purchased a new bus for $280,000. Calculate the depreciation expense for the 3rd year using each of the depreciation methods
Question - Information on ABC Co. is shown below: Required - How much is the adjusted balance of Cash in August
If the company issued new stock, it would incur a 13% flotation cost. What would be the cost of equity from new stock
Sales commissions and other administrative expenses in the amount of 35,000. What was Steve's Manufacturing cash balance at the end of the week?
Jan. 1: Purchased 4,000 shares of its own stock at $20 cash per share. Create statement of retained earnings for the year ended December 31, 2014
What is the role of the accounting journal? Provide journal entries for the following transactions: paid wages of $10 000 with cash on 5 January 2021
on 1 january 2014 special ltd acquired a wood lathe for 31 500 which included shipping charges of 500. the lathe has an
Kucai Bhd has fixed costs of RM200, 000 and variable costs are 30% of sales. If the company desires net income of RM10, 000, what would be the required sales?
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