The information below pertains to barkley company for 2019. a. net income for 2019 was $300,000. b. $500,000 of 8% 10-year convertible bonds issued at 97 ($1,000 face per bond); each bond is convertible into 40 shares of common stock, were outstanding the entire period. the discount is being amortized on a straight-line basis. c. $700,000 of 6% convertible, cumulative preferred stock, $100 par value, which was issued at $104; each share is convertible into 4 shares of common stock were outstanding the entire period. d. 100,000 shares of $10 par value common stock was outstanding at the beginning of 2019. on july 29, an additional 20,000 shares were issued. on september 15, a 20% stock dividend was declared and issued. on december 1, 6,000 shares were reacquired as treasury stock. e. tax rate for 2019 of 30% f. average market price of common stock $25 per share for the year g. outstanding incentive stock option include options (granted at the beginning of 2018 with a 2 year vesting period) to purchase 8,000 shares of common stock at $20 per share. note: the conversion ratios and exchange rates for convertible bonds, preferred stock and options are shown on an as adjusted basis after the stock dividend. instructions: 1. compute the basic earnings per share. show supporting calculations. 2. compute the diluted earnings per share. show supporting calculations. 3. indicate which earnings per share figure(s) barkley company would report on its 2019 income statement.
Answers: 1
Business, 21.06.2019 19:00, Samzell
Minolta inc. is considering a project that has the following cash flow and wacc data. what is the project's mirr? note that a project's projected mirr can be less than the wacc (and even negative), in which case it will be rejected. wacc: 10.00% year 0 1 2 3 4 cash flows -$850 300 $320 $340 $360
Answers: 3
Business, 22.06.2019 10:30, abigail251
Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( t or f)
Answers: 1
The information below pertains to barkley company for 2019. a. net income for 2019 was $300,000. b....
Mathematics, 15.10.2019 14:30
English, 15.10.2019 14:30
Computers and Technology, 15.10.2019 14:30
Spanish, 15.10.2019 14:30
Mathematics, 15.10.2019 14:30