Assume that the following data relate to rosen

Assignment Help Financial Accounting
Reference no: EM13122558

Q. Basic and diluted earnings per share Assume that the following data relate to rosen, Inc. for the year 2011: Net income (30% tax rate)$3000000 Average common shares outstanding 2011 1000000 shares 10% cumulative convertible preferred stock: convertible into 80000 shares of common 8% convertible bonds: convertible into 75000 shares of common $2500000 Stock options: Exercisable at the option price of $25 per share: average market price in 2011, $30 84000 shares instructions compute (a) basic earnings per share, nd (b) diluted earnings per share.

Reference no: EM13122558

Questions Cloud

Evaluating a company financial condition by doing financia : Testing data to find outhow results whould differ if key assumptions are changed. Evaluating a company's financial condition by doing financial statement ratio analysis
Illustrate what impact does the entry to record : The company's fiscal year ends on February 28. Debbie's sold 500 shares of common stock at $6 per share on April 1. Illustrate what impact does the entry to record the April 1 transaction have on total stockholders' equity?
Traits refers to high levels of effort : Which one of the following traits refers to high levels of effort and is characterized by achievement, motivation, ambition, energy, tenacity, and initiative?
Money from these accounts could be mixed : Money from these accounts could be mixed or further divided and sent to other accounts or individuals, who, in turn, would do the same, until several checks for $1000 or less eventually arrive at party headquarters.
Assume that the following data relate to rosen : Exercisable at the option price of $25 per share: average market price in 2011, $30 84000 shares instructions compute (a) basic earnings per share, nd (b) diluted earnings per share.
How much external financing will the firm have to seek : How much external financing will the firm have to seek? Assume there is no increase in liabilities other than that which will occur with the external financing.
Weighted-average inventory pricing : During 2010 Williamson Company changed from FIFO to weighted-average inventory pricing.
Calculating probabilities : What is the total defect rate? I came up with 6%. A randomly selected product was defective. What is the probability that it came from Plant A?
The steps of your current writing approach. : Write a 150-to-200 word paragraph describing the steps of your current writing approach. For example, how do you approach writing an assignment for a class? In addition, outline the ways your process differs from or is similar to the writing p..

Reviews

Write a Review

Financial Accounting Questions & Answers

  Prepare the new etching machine an acceptable investment

Prepare the new etching machine an acceptable investment?

  Difference in the ending inventory balances

Describe the reason for any difference in the ending inventory balances under the two costing methods and the impact of this difference on reported net operating income.

  Evaluate and present the difference in eps and net income

Determine EPS under IFRS rules; Criticize and Defend IFRS Accounting; Evaluate and present the difference in EPS and Net Income between US GAAP and IFRS;

  Calculate the book value of machine

Calculation of book value of machine - what will be the machine's book value as of December31, 2008?

  Evaluate internal rate of return method

In the payback method, depreciation is added back to net operating income when computing the net annual cash flows and net present value method and the internal rate of return method can be used as a screening tool in capital budgeting decisions.

  Find what is total product costs

Find what is total product costs incurred to make 10,000 units and evaluate total amount of period costs incurred to sell 10,000 units?

  Evaluate the amount of gross profit recognized by urs

Evaluate the amount of gross profit recognized by URS throughout each year from 2013 through 2016.

  How many shares of ordinary stock are outstanding

How many shares of ordinary stock are outstanding at year-end?

  How was the portion of the bonds assigned to debt

What characteristics must the convertible bonds display in order to justify the accounting treatment followed on initial recognition and how was the portion of the bonds assigned to debt on initial recognition valued

  Which company has the principal position in beverage sales

Which company has the principal position in beverage sales

  Evaluate for each plan earnings per share of common stock

Evaluate for each plan the earnings per share of common stock, assuming that the income before bond interest and income tax is $2,000,000.

  Find the lozier''s income from continuing operations

What was Lozier's gross profit, What was Lozier's income from operations, What was Lozier's income before income tax and What was Lozier's income from continuing operations

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!

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