subject
Business, 21.02.2020 20:38 addisynshepherd

At December 31, 2015, Agler Company had 1,200,000 shares of common stock outstanding. On September 1, 2016, an additional 400,000 shares of common stock were issued. In addition, Agler had $12,000,000 of 6% convertible bonds outstanding at December 31, 2015, which are convertible into 800,000 shares of common stock. No bonds were converted into common stock in 2016. The net income for the year ended December 31, 2016, was $4,500,000. Assuming the income tax rate was 30%, what should be the diluted earnings per share for the year ended December 31, 2016, rounded to the nearest penny

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 16:30
What comprises a list of main points and sub-points of a topic to include in a presentation
Answers: 2
question
Business, 21.06.2019 17:10
Show the changes to the t-accounts for the federal reserve and for commercial banks when the federal reserve buys $50 million in u.s. treasury bills. if the public holds a fixed amount of currency (so that all loans create an equal amount of deposits in the banking system), the minimum reserve ratio is 10%, and banks hold no excess reserves, by how much will deposits in the commercial banks change? by how much will the money supply change? show the final changes to the t-account for commercial banks when the money supply changes by this amount.
Answers: 3
question
Business, 22.06.2019 07:50
Budget in this final week, you will develop a proposed budget of $150,000 for the first year of the program and complete the final concept paper for the proposed program due for senior management review. the budget should identify the program's anticipated expenses for the year ahead. budget line items should be consistent with the proposed program and staffing plan. using the readings for the week, the south university online library, and the internet, complete the following tasks: create a proposed budget of $150,000 for the first year of the proposed program including the cost for personnel, supplies, education materials, marketing costs, and so on in a microsoft excel spreadsheet. you may transfer your budget to your report. justify the cost for each item of the proposed budget in a budget narrative.
Answers: 2
question
Business, 22.06.2019 09:30
Which of these is not a result of regular exercise
Answers: 1
You know the right answer?
At December 31, 2015, Agler Company had 1,200,000 shares of common stock outstanding. On September 1...
Questions
question
Mathematics, 26.12.2019 03:31
Questions on the website: 13722367