subject
Business, 28.05.2021 20:20 VamPL

On December 31, 2020, S Corporation had 100,000 shares of common stock and 20,000 shares of 8%, $100 par value cumulative preferred stock, convertible into 37,000 shares of common stocks, issued and outstanding. In 2019, $1,000,000 of 9% bonds, convertible into 20,000 common shares, were issued at face value. Net income for the year ended December 31, 2021, is $600,000. The income tax rate is 30%. What is 2021 diluted earnings per share

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 16:00
Danny "dimes" donahue is a neighborhood's 9-year-old entrepreneur. his most recent venture is selling homemade brownies that he bakes himself. at a price of $2 each, he sells 100. at a price of $1.5 each, he sells 300. instructions: round your answer to 1 decimal place. a. what is the elasticity of demand? 3.50 â± 0.1 . b. is demand elastic or inelastic over this price range? . c. if demand had the same elasticity for a price decline from $1.5 to $1 as it does for the decline from $2 to $1.5, would cutting the price from $1.5 to $1 increase or decrease danny's total revenue? .
Answers: 1
question
Business, 22.06.2019 00:00
Exercise 4-6 the following balances were taken from the books of alonzo corp. on december 31, 2017. interest revenue $86,000 accumulated depreciation—equipment $40,000 cash 51,000 accumulated depreciation—buildings 28,000 sales revenue 1,380,000 notes receivable 155,000 accounts receivable 150,000 selling expenses 194,000 prepaid insurance 20,000 accounts payable 170,000 sales returns and allowances 150,000 bonds payable 100,000 allowance for doubtful accounts 7,000 administrative and general expenses 97,000 sales discounts 45,000 accrued liabilities 32,000 land 100,000 interest expense 60,000 equipment 200,000 notes payable 100,000 buildings 140,000 loss from earthquake damage 150,000 cost of goods sold 621,000 common stock 500,000 retained earnings 21,000 assume the total effective tax rate on all items is 34%. prepare a multiple-step income statement; 100,000 shares of common stock were outstanding during the year. (round earnings per share to 2 decimal places, e.g. 1.48.)
Answers: 2
question
Business, 22.06.2019 08:30
In risk management, what does risk control include? a. risk identification b. risk analysis c. risk prioritization d. risk management planning e. risk elimination need this answer now : (
Answers: 3
question
Business, 22.06.2019 12:10
Compute the cost of not taking the following cash discounts. (use a 360-day year. do not round intermediate calculations. input your final answers as a percent rounded to 2 decimal places.)
Answers: 1
You know the right answer?
On December 31, 2020, S Corporation had 100,000 shares of common stock and 20,000 shares of 8%, $100...
Questions
question
Engineering, 30.10.2020 05:50
question
Chemistry, 30.10.2020 05:50
question
Mathematics, 30.10.2020 05:50
question
Computers and Technology, 30.10.2020 05:50
Questions on the website: 13722361