User Account

All Pages

The only potentially dilutive securities outstanding

Assignment Help Accounting Basics
Reference no: EM131108247

1. (EPS with Options, Various Situations) Zambrano Company's net income for 2010 is $40,000. The only potentially dilutive securities outstanding were 1,000 options issued during 2009, each exercisable for one share at $8. None has been exercised, and 10,000 shares of common were outstanding during 2010. The average market price of Zambrano's stock during 2010 was $20.

(a) Compute diluted earnings per share. (Round to the nearest cent)

(b) Assume the same facts as those assumed for part (a), except that the 1,000 options were issued on October 1, 2010 (rather than in 2009). The average market price during the last 3 months of 2010 was $20. 

Reference no: EM131108247

Questions Cloud

Identify an important managerial challenge : Instructions:1. Identify an important managerial challenge facing your work or other organization.2. Develop a plan that integrates Project Management (PM), Operations Management (OM), and Information Systems Management (ISM) to successfully meet thi..
Firm produces tables and bookshelves : A firm produces tables and bookshelves. Each table yields a profit of $9 and the bookshelves yield a profit of $12. Each week the firm has 12 gallons of varnish and 16 lengths of redwood. The table requires 1 gallon of varnish and 1 length of redwood..
Policy to target decrease in the government deficit : Suppose that the U.S. government and Congress approve a policy to target a decrease in the government deficit. Using the closed economy model, which policy would achieve this goal (choose one for your analysis)? Hint: A decrease in G or an increase i..
Discuss charles dickens hard times as a critique of : 19th Century Victorian Literature. Discuss Charles Dickens' Hard Times as a critique of Utilitarianism and Industrialism.
The only potentially dilutive securities outstanding : Assume the same facts as those assumed for part (a), except that the 1,000 options were issued on October 1, 2010 (rather than in 2009). The average market price during the last 3 months of 2010 was $20.
How many hours per year does plant operate on average : The "PowerGen" company is building an 100 Megawatt (1 MW =106 watt) natural gas-fueled electric power plant. PowerGen obtains a loan at 6% interest to finance building the plant over three years. What is the present value in year 4 of the total capit..
Wind power turbine produces maximum electrical output : A wind power turbine produces a maximum electrical output of 500 kilowatts. The turbine has a 15-year lifetime and the discount rate is 10%. The wind turbine costs $1 million for equipment prior to installation. Operation and maintenance costs are $5..
Transfer welfare program in standard income leisure model : Compare between EITC program and cash transfer welfare program in the standard income leisure model. Explain using the income-leisure model when an unemployment benefit program is successful. Do you agree that welfare programs must mandate working so..
Compute diluted earnings per share for 2010 : Compute diluted earnings per share for 2010, assuming the same facts as above, except that $1,000,000 of 6% convertible preferred stock was issued instead of the bonds.

Reviews

Write a Review

Accounting Basics Questions & Answers

  During june all direc material are transffred from dept a

the inventory at june 7 2012 and the costs charged to work in process-- december b during april for haw company are as

  June corp sells one product and uses a perpetual inventory

june corp. sells one product and uses a perpetual inventory system. the beginning inventory consisted of 20 units that

  Compute the amount and percentage changes in 2012

Compute the amount and percentage changes in 2012 using horizontal analysis, assuming 2011 is the base year.

  At the beginning of the period the fabricating department

at the beginning of the period the fabricating department budgeted direct labor of 6500 and equipment depreciation of

  Normal inventory levels will be reestablished

The balance sheet at December 31, 2013, for Nevada Harvester Corporation includes the liabilities listed below:

  What is the projected operating income

If sales double in October, what is the projected operating income?

  The milling department uses standard machine hours to

the milling department uses standard machine hours to allocate overhead to products. budgeted volume for the year was

  Describe the project scope and project management plan

Describe the project scope and project management plan

  An aging of a companies accounts receivable indicates that

an aging of a companies accounts receivable indicates that 9000 are estimated to be uncollectible. if allowance for

  Preparing a bond amortization schedule

Prepare a bond amortization schedule up to and including January 1, 2013, using the effective-interest method.

  What was opcs total payroll cost for january

What was OPCs total payroll cost for January? Will the carrying value of the bond increase or decrease after recording interest in February? What is the interest payment OPC will need to pay annually on the bond? What was the gain or loss was recogni..

  The elements of costs to be included as r&d activities

The disclosure requirements in the notes to the financial statements for depreciation on property, plant, and equipment.

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd