What will be the dilutive eps of wonderful incorporation

Assignment Help Accounting Basics
Reference no: EM132068474

Question - Sharon Inc. issued to its existing common stockholders 1000 warrants. Each warrant entitles the stockholder to purchase 2 shares of common stock at a price of $5 each. The common stock of the company is selling in the stock exchange at $10 each. If Wonderful has 29,000 shares of common stock outstanding throughout the year and its Net Income is $12,000 after paying the preferred dividends, what will be the dilutive EPS of Wonderful incorporation under treasury stock method? Round your answer to two decimal points.

Reference no: EM132068474

Questions Cloud

Classify the substance as a weak acid : 1.) Classify the substance as a weak acid, weak base, strong acid, or strong base
Compare the magnitude of the hydronium ion concentration : Compare the magnitude of the hydronium ion concentration of Lake X with that of Lake Y.
Possible chemical formula for the solute present : An unknown suspension conducts electricity, turns red litmus blue, and forms precipitate when sodium sulfate solution is added. What is a possible chemical form
Lowest to highest numerical order : Which of the above characteristics, listed from lowest to highest numerical order, describe nitric acid?
What will be the dilutive eps of wonderful incorporation : What will be the dilutive EPS of Wonderful incorporation under treasury stock method? Round your answer to two decimal points
Determine the strength of the acid : How could we determine the strength of the acid in order to pick an appropriate indicator (i.e an indicator that is weaker than the acid)?
What is the possible ph range of the unknown liquid : Based on the results, what is the possible pH range of the unknown liquid? What is the pH range.
How much was the minimum amount of gain : How much was the minimum amount of gain to be amortized (i.e. included in pension expense) for 2014) using the corridor method
What is the appearance of the axon : What is the appearance of the axon at the terminal where it meets the muscle cells? How does this structure aid in its function?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Explain any issue associate with accounting for old building

Rather than destroy the old office building, the county decided to convert the old building and use it as a storage facility. Identify and explain any issue(s) associated with accounting for the old building.

  Why would someone choose to use a perpetual

Why would someone choose to use a perpetual over a period inventory system, and vice versa?

  What is the company''s estimated ending inventory for month

The following data are for Steve's Candy Store for January. What is the company's estimated ending inventory for the month?

  How is data mining different than data warehousing

How is data mining different than data warehousing?

  Calculate the profitability index

Calculate the Profitability Index for each project.

  Define cost per equivalent unit for conversion costs

There were 20,000 units in the ending work in process inventory of the Welding Department that were 90% complete with respect to conversion costs. A total of $585,900 in conversion costs were incurred in the department during the month. What would..

  Analyze the current irs rules related to capital gains

analyze the current IRS rules related to capital gains and losses on the sale of investment property

  Weighted average cost of capital basics

The financial statements of Lioi Steel Fabricators are shown below the actual results for 2010 and the projections for 2011. Free cash flow is expected to grow at a 6% rate after 2011. The weighted average cost of capital is 11%.

  Identify any potential problems for terry or the corporation

On March 2, the two 50% shareholders of a calendar year corporation decide to elect S status. Identify any potential problems for Terry or the corporation

  Problem related to real rate of return

Over the past year, you earned 11.9% overall on your investments. During that period, the inflation rate was 2.3% and the risk-free of risk-free rate of return was 3.2%. What real rate of return did you earn?

  Compute lower-of-cost-or-market valuation for inventory

Olsson Video Center accumulates the following cost and market data at December 31. Compute the lower-of-cost-or-market valuation for Olsson inventory

  Automobile lease on a chart of accounts for a small business

Automobile lease on a chart of accounts for a small business

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