During 2020, XYZ Corporation had 1,000,000 shares of common stock and 50,000 shares of 6% preferred stock outstanding. The preferred stock does not have cumulative or convertible features. XYZ declared dividends of $200,000 and $400,000 to preferred and common shareholders, respectively, during 2020. On January 1, 2010, XYZ issued $2,100,000 of convertible 6% bonds at face value. Each $1,000 bond is convertible into five common shares. XYZ's net income for the year ended December 31, 2020, was $6,200,000. The income tax rate is 25%.

Required:
a. What is XYZ's basic earnings per share for 2020, rounded to the nearest cent?
b. What will XYZ report as diluted earnings per share for 2020, rounded to the nearest cent?

Neveready flashlights inc. needs $317,000 to take a cash discount of 3/15, net 70. a banker will loan the money for 55 days at an interest cost of $13,200. a. what is the effective rate on the bank loan? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) b. how much would it cost (in percentage terms) if the firm did not take the cash discount but paid the bill in 70 days instead of 15 days? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) c. should the firm borrow the money to take the discount? no yes d. if the banker requires a 20 percent compensating balance, how much must the firm borrow to end up with the $317,000? e-1. what would be the effective interest rate in part d if the interest charge for 55 days were $7,200?

Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.

Increases in output and increases in the inflation rate have been linked to