For the year of 2017, a firm reported Net Income of $100,000 and issued $20,000 in Preferred Stocks’ Dividends. At the beginning of the year, the firm had 1 million common stocks outstanding. 1 million more common stocks were issued in March 31, 2017. Additionally, 500,000 more common stocks were issued in June 31. What is the firm’s Basic Earnings Per Share for the year of 2017?

Ichelle is attending college and has a part-time job. once she finishes college, michelle would like to relocate to a metropolitan area. she wants to build her savings so that she will have a "nest egg" to start her off. michelle works out her budget and decides she can afford to set aside $9090 per month for savings. her bank will pay her 4 %4% per year, compounded monthly, on her savings account. what will be michelle's balance in five years?

Beranek corp has $720,000 of assets, and it uses no debt--it is financed only with common equity. the new cfo wants to employ enough debt to raise the debt/assets ratio to 40%, using the proceeds from borrowing to buy back common stock at its book value. how much must the firm borrow to achieve the target debt ratio? a. $273,600b. $288,000c. $302,400d. $317,520e. $333,396

Double corporation acquired all of the common stock of simple company for