### Calculate the Diluted earnings per share

Assignment Help Accounting Basics
##### Reference no: EM132280287

Question - Marigold Corp. had 208000 shares of common stock, 20400 shares of convertible preferred stock, and \$1470000 of 6% convertible bonds outstanding during 2018. The preferred stock is convertible into 40300 shares of common stock. During 2015, Marigold paid dividends of \$0.90 per share on the common stock and \$4 per share on the preferred stock. Each \$1,000 bond is convertible into 30 shares of common stock. The net income for 2018 was \$594000 and the income tax rate was 35%.

Calculate the Diluted earnings per share for 2018?

\$2.00.

\$2.04.

\$2.39.

\$2.23.

#### How would you paraphrase the definition of equilibrium price

How would you paraphrase the definition of equilibrium price?Equilibrium price occurs when supply and demand quantities meet.Equilibrium price occurs when price and demand are

#### Reasonable cost of capital

Suppose ARG Inc. estimate its cost of capital (WACC) for the year 2010 to be 12%, should the project officer used this WACC to evaluate all of its potential projects even if

#### Expected risk and return on individual securities

The expected risk and return on individual securities are two of the most important measures of attractiveness. Precisely and completely explain how the expected return and

#### Projects having normal cash flows

Ahyee Corp. is considering two equally risky, mutually exclusive projects, both of which projects have normal cash flows. Project A has an IRR of IRR of 11%, while Project B

#### Analyze each company income statement

ACC 557- Assignment - You Are an Investment Analyst. Analyze each company's income statement over the past two (2) years, and determine which company outperformed the other.

#### Examine the value creation functions of the company

identify key issues and problems, and outline and assess alternative courses of action.- Examine the value creation functions of the company and specify alternative courses of

#### Evaluating diluted earnings per share

The average market price of FGI's common stock was \$15 during 2011. What is the number of shares that should be used in computing diluted earnings per share for the year end

#### Changing the third argument of setcolorindexin

Modify the Lissajous program to produce images in multiple colors by adding more values to palette and then displaying them by changing the third argument of SetColorIndexin