Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Diluted EPS Problem Net income for the Zipper Company in 2013 was $1,400,000. Zipper issued in 2012, at par, 75, $1,000, 8% bonds, each convertible into 100 shares of common stock. Zipper issued in 2011, 40,000 shares of 6% convertible, cumulative preferred stock, $100 par value. Each share is convertible into 1 share of common stock. Zipper had outstanding 1,000 options issued during 2012, each exercisable for one share at $8. None has been exercised. The average market price of the stock during 2013 was $20. Zipper's tax rate is 40%. Date Event Shares outstanding Jan 1, 2013 Beginning balance 180,000 March 1 Issued 60,000 shares June 1 Purchased 78,000 treasury stock Nov 1 Issued 120,000 shares Nov 15 Issued 2 for 1 stock split Required: Calculate Basic and Dilutive Earnings per Share (show all calculations) Use the treasury stock method for the options (if necessary).
Compare and contrast the accounting reporting criteria-including regulatory environment, issues with foreign currency, differences in GAAP, and any others-of a U.S. company with a foreign company.
American leases various types of equipment and property, primarily aircraft and airport facilities. The future minimum lease payments required under capital leases
Determine the amount of dollars to be received, after deducting payment for the option premium.
Three years ago a piece of machine was purchased for $10,000. Assuming an eight-year life and straight-line depreciation, financial statements for the third year will show:
It is estimated that variable manufacturing costs will be reduced from $26,000 to $23,500 annually if the new machine is purchased. The total net increase or decrease in cost for the new equipment for the entire five years is ??
When one media company buys another, goodwill is often the most costly asset acquired. World media paid $700,000 to acquire-Journalize World Media's acquisition of The Dandy Dime.
A company purchased a POS cash register on January 1 for $5,400. This register has a useful life of 10 years and a salvage value of $400. What would be the depreciation expense for the second-year of its useful life using the double-declining-bala..
What are the critical components of a business plan? Consider any changes which would be required if the plan were to be used in the foreign country.
What might a manager do during the last quarter of a fiscal year if she wanted to improve current annual net income?
What do following risk categories mean - planned detection risk, inherent risk, control risk, acceptable audit risk? Examples? How do we as auditors deal with them?
Wadkins Company, a machinery dealer, leased a machine to Romero Corporation on January 1, 2011. Compute the amount of the lease receivable.
What are management assertions? How do they affect the financial statements? How does the auditor formulate audit objectives based on management assertions?
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd