Crane Company had 206000 shares of common stock, 19400 shares of convertible preferred stock, and $1470000 of 6% convertible bonds outstanding during 2018. The preferred stock is convertible into 39000 shares or common stock. During 2015, Crane paid dividends of $1.00 per share on the common stock and $4 per share on the preferred stock. Each $1,000 bond is convertible into 30 shares of common stock. The net income for 2018 was $603000 and the income tax rate was 35%. Diluted earnings per share for 2018 is (rounded to the nearest penny) a. $2.10 b. $2.46. c. $2.28 d. $2.06
Answers: 2
Business, 22.06.2019 07:30, edna27
When the national economy goes from bad to better, market research shows changes in the sales at various types of restaurants. projected 2011 sales at quick-service restaurants are $164.8 billion, which was 3% better than in 2010. projected 2011 sales at full-service restaurants are $184.2 billion, which was 1.2% better than in 2010. how will the dollar growth in quick-service restaurants sales compared to the dollar growth for full-service places?
Answers: 2
Business, 22.06.2019 17:40, makayladurham19
Slimwood corporation made sales of $ 725 million during 2018. of this amount, slimwood collected cash for $ 670 million. the company's cost of goods sold was $ 300 million, and all other expenses for the year totaled $ 400 million. also during 2018, slimwood paid $ 420 million for its inventory and $ 285 million for everything else. beginning cash was $ 110 million. carter's top management is interviewing you for a job and they ask two questions: (a) how much was carter's net income for 2018? (b) how much was carter's cash balance at the end of 2016? you will get the job only if you answer both questions correctly.
Answers: 1
Business, 23.06.2019 00:00, dezmondpowell
Which of the following statements is true about an atm card?
Answers: 1
Crane Company had 206000 shares of common stock, 19400 shares of convertible preferred stock, and $1...
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