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Question - Zen, incorporated, has 6000,000 shares of common stock outstanding on December 31, 2008. An additional 1000,000 shares of common stock were issued on July 1, 2009, and 500,000 more on October 1, 2009. On April 1, 2009, Zen issued 25000, $1000 face value, 8% convertible bonds. Each bond is convertible into 20 shares of common stock. No bonds were converted into common stock on 2009. Net income after taxes is 28000,000 and the tax rate is 30%. Compute EPS and DEPS.
Show all the computation for the numerators and denominators.
Forest Products, Inc., busy and develops natural resources for profit. Since 2006, it has had the following activities:
Cassie owns a Rembrandt painting she acquired on June 1, 2009 as an investment. She exchanges the painting on September 5, 2011, for a Picasso sculpture and marketable securities to be held as an investment. On what date does the sculpture's holdi..
a corporation uses a job-order costing system and a predetermined overhead rate based on machine hours.the following
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Assuming that Hargrove students are typical in terms of susceptibility to allergies and that the college president's home happens to contain just about every common allergen to which afflicted persons react, what is the probability that at least 8..
Based on the above information and using Excel, calculate the following items for this proposed equipment purchase: Annual rate of return
Fabiano Brothers Co. is considering an investment that requires immediate payment of $550,000 and provides expected cash inflows of $100,000 annually for eight.
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