On january 1, 20x4, brock company issued $1,000,000 of 6% cumulative convertible preferred stock. each $100 par preferred share is convertible into 5 shares of brock company common stock. brock company's 20x4 net income was $300,000 and their tax rate was 40%. the company had 100,000 shares of common stock outstanding throughout 20x4. none of the preferred stock was converted in 20x4.compute diluted earnings per share for 2014.

Which change is illustrated by the shift taking place on this graph? a decrease in supply an increase in supply o an increase in demand o a decrease in demand

On september 1, 2016, steve loaned brett $2,000 at 12% interest compounded annually. steve is not in the business of lending money. the note stated that principal and interest would be due on august 31, 2018. in 2018, steve received $2,508.80 ($2,000 principal and $508.80 interest). steve uses the cash method of accounting. what amount must steve include in income on his income tax return?

Alaska king crab fishing in the 1960s and '70s was a dangerous but rich fishery. boats from as far away as california and japan braved the treacherous gulf of alaska crossing to reach the abundant king crab beds in cook inlet and bristol bay. suddenly, in the early 1980s, the fishery crashed due to over fishing. all crabbing in those areas ended. to this day, there is no crabbing in bristol bay or cook inlet. a. how would an economist explain the decline of the alaska king crab fishery