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DILUTED EARNING PER SHARE, CONVERTIBLE SECURITIES - ABC Corporation has weighted average number of common stock outstanding throughout 2015 of 400,000 shares. In addition, the corporation has $5,000,000 bonds, 6.3%, convertible into 100,000 common stock. During the year 2015, the corporation has net income of $750,000.
Required: Compute the basic earnings per share and the diluted earnings per share. The tax rate is 30%.
inventory valuationolivia company has the following inventory information availableunits units cost total costjan 1
1dues to auto club e.g. aaa for taxpayer who uses the automatic mileage method.2nursing refresher course for taxpayer
What price would have been charged to the customer if the job required $3,200 in materials and $4,200 in direct labor cost, and the company priced its jobs at 40% above the job's cost according to the accounting system?
Assuming you each receive your share over 20 years and that the state lottery earns a 6 percent return on its funds, what is the present value of your prize before taxes if you request the "up-front cash" option?
Write an essay using the authoritive literature to discuss
at its present level of operations a small manufacturing firm has total variable costs equal to 65 of sales and total
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Micro spinoffs,Inc issued an 20-year-old debt a year ago at par value with a coupon rate of 8 percent, paid annually. Today, the debt is selling at $1050. If the firm is tax bracket is 35 percent, what is its after-tax cost of debt?
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