User Account

All Pages

What type of capital structure does maria pascalov corp

Assignment Help Financial Accounting
Reference no: EM132754585

On January 1st , 2020, the Maria Pascalov Corporation had 600,000 common shares outstanding. On April 1, 2020, 60,000 common shares were issued and on September 1, 2020, the Maria Pascalov Corporation bought back 90,000 shares. The market price of the common shares averaged $50.00 during 2020. The corporation's income tax rate is 40.0%.

  • During 2020, there were 90,000 call options to buy common shares at $ 40.00 a share outstanding; and there were 60,000, $7.00, no par value, cumulative and convertible preferred shares outstanding. Each preferred share is convertible into three common shares.
  • During 2019, the corporation had issued $ 6,000,000 of 8.0% convertible bonds at face value. Each $1,000 bond is convertible into 20 common shares.
  • The corporation reported $ 2,250,000 net income for calendar 2020.

Required:

Problem 1: What type of Capital Structure does Maria Pascalov Corporation have?

Problem 2: Calculate the required earnings per share for 2020.

Reference no: EM132754585

Questions Cloud

Prepare journal entries on january assuming the cost basis : Prepare the journal entries on January 1, 20X3, assuming the cost basis. Prepare the journal entries on March 31, 20X3, assuming the cost basis.
What is the amount of interest Daleville must pay : Daleville uses the straight-line method of amortization. What is the amount of interest Daleville must pay the bondholders in 2017
Which urinary tract infections may be acquired : What are the three ways in which urinary tract infections may be acquired?
High ratings of patient satisfaction : Suppose you are interested in the behaviors of physicians that have high ratings of patient satisfaction.
What type of capital structure does maria pascalov corp : What type of Capital Structure does Maria Pascalov Corporation have? On January 1st , 2020, the Maria Pascalov Corporation had 600,000 common shares
Relationship between racism and privilege : Explain the relationship between racism and privilege
Immediate response to millie norman : What should be your immediate response to Millie Norman? Why? Do you believe you have the basis on which to proceed with disciplinary action against someone?
Explain the impact of racism and privilege : Explain the impact of racism and privilege on social work practice
Find how much is the transaction price of the contract : On January 01, 2018, How much would CEE's net Income (loss) in 2019 on that contract? How much is the transaction price of the contract?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Calculate the gain on disposal of asset

Calculate the gain on disposal of asset and the amount of tax payable on the gain. On 1 January 2019, Mdex Ltd sold Land and Buildings

  Does sally have enough in the account to pay for landscaping

Account that has earned an average of of 6% per year (annual compounding. Does Sally have enough in this account to pay for the landscaping?

  Wi-fi security in a wireless network

Create a policy for 802.11 Wi-Fi security in a wireless network in a 500-employee company with a 47-access point WLAN. This is not a trivial task. Do not just jot down a few notes. Make it a document for people in your firm to read.

  Determine what was the net income

What was the net income? Assume that all dividends declared were actuallyr paid. Write out your answer completely. For example, 25 million should be entered

  Cochran company made

On December 31, 2010, Cochran Company made the following proper year end adjusting entries:

  What average cost were the treasury shares purchased

Compute the number of shares issued at May 31, 2017. At what average cost were the treasury shares purchased? At what average issue price were the shares issued

  Determine direct materials efficiency usage variance

Determine Direct materials efficiency (usage) variance and Direct materials joint price-quantity variance (defined as: (AP-SP) x (AQ-SQ)).

  Determine the indirect labor support costs for each engine

Determine the indirect labor support costs for each engine using time-driven activity-based costing and Determine the per cent of unused indirect labour compared to available indirect labour hours. Draw conclusions from this analysis.

  What the budgeted cash payments for march are

What the budgeted cash payments for March are? Cash payments are 60% in the month of purchase and 40% in the following month.

  Administrative cost is mistakenly recorded as manufacturing

If an administrative cost is mistakenly recorded as manufacturing overhead, which of the following is most likely?

  Journal entries for sold merchandise inventory

Merchandise Inventory on account.  All sales are recorded net of the 2% discount offered by the company.  (Any discounts not eventually taken by the purchaser are recognized as interest income.)  Shipping charges of $450 were paid by the purchaser..

  Prepare a cost reconciliation schedule

Production costs chargeable to the Finishing Department in June in Hollins Company are materials $16,775, labor $33,375, overhead $19,300. Equivalent units of production are materials 20,710 and conversion costs 19,655. Prepare a cost reconciliation ..

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