Business, 25.08.2021 04:20, mgkman9814
On January 1, 2020, a company issued 10-year, $2,000,000 face value, 8% bonds, at par. Each $1,000 bond is convertible into 23 shares of the company’s common stock. The company’s net income in 2020 was $600,000, and its tax rate was 25%. The company had 500,000 shares of common stock outstanding throughout 2020. None of the bonds were converted in 2020. What is the denominator for computing diluted earnings per share for the company for 2020?
Answers: 2
Other questions on the subject: Business
Business, 22.06.2019 09:20, swello1937
Which statement best explains the relationship between points a and b? a. consumption reaches its highest point, and then supply begins to fall. b. inflation reaches its highest point, and then the economy begins to expand. c. production reaches its highest point, and then the economy begins to contract. d. unemployment reaches its highest point, and then inflation begins to decrease.
Answers: 2
Business, 22.06.2019 19:00, erbs2003
Which of the following would cause a shift to the right of the supply curve for gasoline? i. a large increase in the price of public transportation. ii. a large decrease in the price of automobiles. iii. a large reduction in the costs of producing gasoline
Answers: 1
Business, 22.06.2019 22:20, ciara180
Which of the following is correct? a. a tax burden falls more heavily on the side of the market that is more elastic. b. a tax burden falls more heavily on the side of the market that is less elastic. c. a tax burden falls more heavily on the side of the market that is closer to unit elastic. d. a tax burden is distributed independently of the relative elasticities of supply and demand.
Answers: 1
Business, 23.06.2019 13:00, itssmookie129
According to the weather forecast, there will be at least 40.5 inches of rainfall next year is an example of which type of probability
Answers: 1
Do you know the correct answer?
On January 1, 2020, a company issued 10-year, $2,000,000 face value, 8% bonds, at par. Each $1,000 b...
Questions in other subjects:
History, 25.10.2019 20:43
