User Account

All Pages

What is diluted eps

Assignment Help Accounting Basics
Reference no: EM131737008

Question - During the current year, East Corporation had 2 million shares of common stock outstanding. Two thousand 8% convertible bonds, each with $1,000 face value, were issued at face amount at the beginning of the year. East reported income before tax of $3 million and net income of $1.8 million for the year. Each bond is convertible into 10 shares of common stock. What is diluted EPS (rounded)?

$0.90.

$0.95.

$0.89.

$0.94.

Reference no: EM131737008

Questions Cloud

Critical argument of a current controversial domestic issue : SPO102 - Sports Marketing Assessment - Contemporary Sport Issues Critical Argument. creating a critical argument of a current controversial International issue
Operational leverage of a real estate development project : What is operational leverage in the context of a real estate development project? Explain why this characteristic causes investment in a development project.
Example of a complex hybrid system : Describe the complex email system "Example of a Complex Hybrid System."Describe in detail the benefits of this system using examples as appropriate.
What could happen on the internet without net neutrality : Analyze what new terms were introduced? What concerns were introduced? What did you learn? What could happen on the Internet without net neutrality?
What is diluted eps : During the current year, East Corporation had 2 million shares of common stock outstanding. What is diluted EPS
Analyze how the information could be applied in the future : Project Assignment: REPORT GUIDELINES. Analyze What your learned from this project and how the information could be applied in the future.
Describing the change management approach : Describing the change management approach and recommended action steps you would advise for minimizing adverse impact on the organization
How coding theory is used in applications : Provide a few examples of how Coding Theory is used in applications. Make sure you provide detailed explanation of how your examples are used in coding theory.
Discuss employees from functional departments : project team members are employees from functional departments within the parent organization

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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