subject
Business, 04.03.2020 21:25 towlesam

Wildhorse Corporation earned net income of $447,600 in 2020 and had 105,000 shares of common stock outstanding throughout the year. Also outstanding all year was $900,000 of 9% bonds, which are convertible into 18,000 shares of common. Wildhorse’s tax rate is 30 percent. Compute Rockland's 2020 diluted earnings per share.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 13:30
Corporation b reported earnings per share of $10. corporation b has 100,000 shares of common stock outstanding and reported an increase in owners' equity of $400,000 for the period. corporation b paid $50,000 in interest expense during the period. corporation b paid dividends per share of
Answers: 3
question
Business, 22.06.2019 22:40
The year is 2278, and the starship enterprise is running low on dilithium crystals, which are used to regulate the matter-antimatter reactions that propel the ship across the universe. without the crystals, space-time travel is not possible. if there is only one known source of dilithium crystals, the necessary conditions for a monopoly are met. part 2 (1 point)see hint if the crystals are government owned or government regulated, and the government wants to create the greatest welfare for society, then it should set the price choose one or more: a. so only the rich can afford space-time travel. b. at the profit-maximizing price. c. at the efficient price. d. using the marginal-cost pricing rule. e. so everyone can afford space-time travel. f. at the monopoly price.
Answers: 1
question
Business, 22.06.2019 23:00
Acollege registrar's office requires you to first visit with one of three advisors and then with one of two financial professionals. this system best described as which of the following? a. single server, single phase systemb. multiple server multiphase systemc. multiple server, cross phase systemd. single server, multiphase systeme. multiple server, single phase system
Answers: 2
question
Business, 23.06.2019 01:50
You are looking at a one-year loan of $16,500. the interest rate is quoted as 8.7 percent plus two points. a point on a loan is 1 percent (one percentage point) of the loan amount. quotes similar to this one are common with home mortgages. the interest rate quotation in this example requires the borrower to pay two points to the lender up front and repay the loan later with 8.7 percent interest. what rate would you actually be paying here?
Answers: 3
You know the right answer?
Wildhorse Corporation earned net income of $447,600 in 2020 and had 105,000 shares of common stock o...
Questions
question
Mathematics, 14.08.2020 02:01
question
Mathematics, 14.08.2020 02:01
question
English, 14.08.2020 02:01
Questions on the website: 13722367