Information from the financial statements of ames fabricators, inc., included the following: december 31 2021 2020 common shares 100,000 100,000 convertible preferred shares (convertible into 32,000 shares of common) 12,000 12,000 8% convertible bonds (convertible into 30,000 shares of common) $ 1,000,000 $ 1,000,000 ames’s net income for the year ended december 31, 2021, is $500,000. the income tax rate is 25%. ames paid dividends of $5 per share on its preferred stock during 2021. required: compute basic and diluted earnings per share for the year ended december 31, 2021.

What is product differentiation, and how can it be achieved ? what is product positioning? what conditions would head to head product positioning be appropriate?

As related to a company completing the purchase to pay process, is there an accounting journal entry "behind the scenes" when xyz company pays for the goods within 10 days of the invoice (gross method is used for discounts and terms are 2/10 net 30) that updates the general ledger?

Interpreting the income tax expense footnote the income tax footnote to the financial statements of fedex corporation follows. the components of the provision for income taxes for the years ended may 31 were as follows: ($ millions) 2010 2009 2008 current provision domestic federal $ 36 $ (35) $ 514 state and local 54 18 74 foreign 207 214 242 297 197 830 deferred provisions (benefit) domestic federal 408 327 31 state and local 15 48 (2) foreign (10) 7 32 413 382 61 provision for income taxes $ 710 $ 579 $ 891 (a)what is the amount of income tax expense reported in fedex's 2010, 2009, and 2008 income statements?