subject
Business, 13.03.2020 03:03 harmony000011

An analyst has gathered the following information about a company:

110,000 shares of common outstanding at the beginning of the year.
The company repurchases 20,000 of its own common shares on July 1.
Net income is $300,000 for the year.
10,000 shares of existing 10 percent cumulative $100 par preferred outstanding that is not in arrears at the beginning or ending of the year.
The company also has $1 million in 10 percent callable bonds outstanding.
The company has declared a $0.50 dividend on the common.
What is the company's basic Earnings Per Share?

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 19:20, 2020IRodriguez385
What impact did the economic opportunities in pennsylvania and new york have on virginia? a. virginia planters started to migrate to new york. b. new yorkers began buying up cheap virginia real estate. c. virginians found themselves resorting increasingly to slavery. d. virginians loosened their slave laws to attract more migrants.
Answers: 2
image
Business, 22.06.2019 05:30, 2023greenlanden
The hartman family is saving $400 monthly for ronald's college education. the family anticipates they will need to contribute $20,000 towards his first year of college, which is in 4 years .which best explain s whether the family will have enough money in 4 years ?
Answers: 1
image
Business, 22.06.2019 12:50, montgomerykarloxc24x
You own 2,200 shares of deltona hardware. the company has stated that it plans on issuing a dividend of $0.42 a share at the end of this year and then issuing a final liquidating dividend of $2.90 a share at the end of next year. your required rate of return on this security is 16 percent. ignoring taxes, what is the value of one share of this stock to you today?
Answers: 1
image
Business, 22.06.2019 20:40, duhfiywge8885
Consider an economy where the government's budget is initially balanced. the production function, consumption function and investment function can be represented as follows y equals k to the power of alpha l to the power of 1 minus alpha end exponent c equals c subscript 0 plus b left parenthesis y minus t right parenthesis i equals i subscript 0 minus d r suppose that taxes increase. what happens to the equilibrium level of output?
Answers: 1
You know the right answer?
An analyst has gathered the following information about a company:

110,000 shares of com...

Questions in other subjects:

Konu
Mathematics, 19.07.2019 03:40
Konu
Mathematics, 19.07.2019 03:40