Hanson Co. had 200,000 shares of common stock, 20,000 shares of convertible preferred stock. The preferred stock is convertible into 40,000 shares of common stock. During 2021, Hanson paid dividends of $.90 per share on the common stock and $3 per share on the preferred stock. The net income for 2021 was $600,000 and the income tax rate was 30%. Basic earnings per share for 2021 is (rounded to the nearest penny) .

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false

Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?

You wish to retire in 13 years, at which time you want to have accumulated enough money to receive an annual annuity of $23,000 for 18 years after retirement. during the period before retirement you can earn 9 percent annually, while after retirement you can earn 11 percent on your money. what annual contributions to the retirement fund will allow you to receive the $23,000 annuity? use appendix c and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods.