Business, 22.12.2021 02:10 astigall6360
On December 31, 2020, Berclair Inc. had 200 million shares of common stock and 3 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2021, Berclair purchased 24 million shares of its common stock as treasury stock. Berclair issued a 5% common stock dividend on July 1, 2021. Four million treasury shares were sold on October 1. Net income for the year ended December 31, 2021, was $150 million. The income tax rate is 25%. Also outstanding at December 31 were incentive stock options granted to key executives on September 13, 2016. The options are exercisable as of September 13, 2020, for 30 million common shares at an exercise price of $56 per share. During 2021, the market price of the common shares averaged $70 per share. In 2017, $50 million of 8% bonds, convertible into 6 million common shares, were issued at face value (***Note: This question assumes the 6mil C/S associated with convertible bonds and the C/S associated with stock options have already been adjusted by the 1.05 stock dividend factor and therefore you do not have to multiple them by 1.05 again when calculating diluted EPS)
Answers: 1
Business, 22.06.2019 19:50
Ichelle is attending college and has a part-time job. once she finishes college, michelle would like to relocate to a metropolitan area. she wants to build her savings so that she will have a "nest egg" to start her off. michelle works out her budget and decides she can afford to set aside $9090 per month for savings. her bank will pay her 4 %4% per year, compounded monthly, on her savings account. what will be michelle's balance in five years?
Answers: 3
Business, 22.06.2019 23:00
The sign at the bank reads, "wait here for the first available teller," suggests the use of a waiting line system.a. multiple server, single phaseb. random server, single phasec. single server, multiphased. multiple server, multiphasee. dynamic server, single phase
Answers: 2
Business, 23.06.2019 09:30
If gerry is approved for a $150,000 mortgage at 3.75 percent interest for a 30-day loan, what would the monthly payment be?
Answers: 1
On December 31, 2020, Berclair Inc. had 200 million shares of common stock and 3 million shares of 9...
Social Studies, 28.09.2020 07:01
Mathematics, 28.09.2020 07:01
Chemistry, 28.09.2020 07:01
History, 28.09.2020 07:01
Mathematics, 28.09.2020 07:01
English, 28.09.2020 07:01
Mathematics, 28.09.2020 07:01
History, 28.09.2020 07:01
Mathematics, 28.09.2020 07:01