Reference no: EM131108181
1. (EPS: Simple Capital Structure) On January 1, 2010, Chang Corp. had 480,000 shares of common stock outstanding. During 2010, it had the following transactions that affected the common stock account.
February 1 Issued 120,000 shares
March 1 Issued a 20% stock dividend
May 1 Acquired 100,000 shares of treasury stock
June 1 Issued a 3-for-1 stock split
October 1 Reissued 60,000 shares of treasury stock
(a) Determine the weighted-average number of shares outstanding as of December 31, 2010.
(b) Assume that Chang Corp. earned net income of $3,256,000 during 2010. In addition, it had 100,000 shares of 9%, $100 par nonconvertible, noncumulative preferred stock outstanding for the entire year. Because of liquidity considerations, however, the company did not declare and pay a preferred dividend in 2010. Compute earnings per share for 2010, using the weighted-average number of shares determined in part (a).
(c) Assume the same facts as in part (b), except that the preferred stock was cumulative. Compute earnings per share for 2010.
(d) Assume the same facts as in part (b), except that net income included an extraordinary gain of $864,000 and a loss from discontinued operations of $432,000. Both items are net of applicable income taxes. Compute earnings per share for 2010.
Applied fluid mechanics
: Project is based on the text book, Applied Fluid Mechanics, 6th Edition, Robert L. Mott, ISBN: 0131146807. Please give me detailed calculation to understand both projects and including following details. Project - 1, part -1 When you make perimeter h..
|
What is viewing god as supreme being
: Is there a difference between viewing God as a Supreme being and the greatest conceivable being? In 300 words, give reasons for your answer.
|
Describe real-life data that could be displayed
: Describe real-life data that could be displayed in a probability histogram - How could the owner create a probability distribution and use it to establish a frequent buyer program.
|
Which tourist destination lies near mt pilatus on this lake
: One of Switzerland's prettiest lakes is the Vierwaldstatter See, or Lake of the Four Forest Cantons. Which tourist destination lies near Mt. Pilatus on this lake
|
Determine the weighted average number of shares
: Assume the same facts as in part (b), except that net income included an extraordinary gain of $864,000 and a loss from discontinued operations of $432,000. Both items are net of applicable income taxes.
|
Converts fahrenheit to celsius
: Create the following program which converts Fahrenheit to Celsius. Your program must have the following functions:
|
Calculate the internal rate of return (irr)
: For each of the projects shown in the following table, calculate the internal rate of return (IRR). Then indicate, for each project, the maximum cost of capital that the firm could have and still find the IRRacceptable.
|
What is the name of the other lake
: From its name, it is clear that Interlaken lies between two lakes. One of them is Lake Brienz. What is the name of the other lake
|
Find the probability that a randomly chosen student
: What is the probability that a randomly selected person has earned at least a bachelor's degree - Find the probability that a randomly chosen student has D. Round to the nearest tenth of a percent.
|