Illustrate what is diluted earnings per share

Assignment Help Financial Accounting

Reference no: EM13129006

On December 31, 2012 Sagar co had 1,200,000 shares of common stock outstanding. In addition Sagar has 450,000 shares of preferred stocks which was convertible into 750,000 shares of common stock. During 2013 Sagar paid $750,999 cash dividends on the common stock and $ 500,000 cash dividends on the preferred stock. Net income for 2013 was $4,250,000 and the income tax rate was 40%. What is diluted earnings per share for 2013

Reference no: EM13129006

Questions Cloud

Volume of solid by rotating region around y-axis : Find the volume of a triangle with sides y = 2, y = x+1, y = 11-x. The vertices are (5, 6), (1, 2) and (9, 2). Find the volume by rotating about y-axis:

Calculate the average kinetic energies : Calculate the average kinetic energies of the CH4 and N2 molecules at 286 K and 556 K?

Define eigenfunctions of a linear operator : Suppose that O1 and O2 are eigenfunctions of a linear operator A with eigenvalues a1 and a2, respectively, and that we construct a linear combination Y=C1O1 + C2O2

What is the marginal cost of an additional movie : During the average month in 2010, Sarita received and watched 6 movies sent to her through the mail and she watched an additional 13 movies which were streamed to her computer.What is the average cost of a movie to Sarita? What is the marginal cos..

Illustrate what is diluted earnings per share : During 2013 Sagar paid $750,999 cash dividends on the common stock and $ 500,000 cash dividends on the preferred stock. Net income for 2013 was $4,250,000 and the income tax rate was 40%. Illustrate what is diluted earnings per share for 2013

Which of the following costs can be traced directly to boxes : The accountant in a factory that produces biscuits for fast-food restaurants wants to assign costs to boxes of biscuits. Which of the following costs can be traced directly to boxes of biscuits?

What do you need to find out before next tax season : What do you need to find out before next tax season?

What is the probability that six or more were male : For the period from 1918 to the present, in a random sample of 9 wolves spotted in the region, what is the probability that 6 or more were male.

Marginal propensity to consume in freedonia : What is the marginal propensity to consume in Freedonia, and what is the marginal propensity to save?

User Account

All Pages