Consider the following information for the fiscal year January 1, 2019 to December 31, 2019. January...

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Consider the following information for the fiscal year January 1, 2019 to December 31, 2019. January 1, 2019: 4,232,845 shares outstanding March 15, 2019: new shares issued = 422,568 April 15, 2019: 388,464 shares repurchased August 1, 2019: new shares issued = 384,622 October 1, 2019: 460,000 shares repurchased December 1, 2019: 460,000 shares repurchased Find the shares ourtstanding at each date beginning with March 15, 2019, and calculate the weighted average number of shares for 2019. Show your work. 3. During 2019, ABC had net income of $4,350,000 and 2,000,000 shares of CS outstanding for the entire year. ABC has 7%, $5,000,000 par value preferred stock, convertible into common stock at a rate of 1.1 shares for every $10 of par value. Calculate 2019 basic EPS and diluted EPS. 4. During 2019, XYZ had net income to CS of $2,500,000 and 1,000,000 shares of CS outstanding for the entire year. In 2018, XYZ issued 2,000 bonds with a coupon of 5% and par of $1,000. The bonds were sold at par. Each bond is convertible to 120 shares of CS. The tax rate is 30%. Calculate 2019 basic EPS and diluted EPS. 5. During 2019, MDA had net income to CS of $1,200,000 and had 500,000 shares of CS outstanding for the entire year. MDA has 100,000 stock options outstanding for the entire year. Each option allows its holder to buy one share of CS at an exercise price of $15. The average market price of MDA's stock in 2019 is $20 per share. Calculate 2019 basic EPS and diluted EPS. 6. For the most recent fiscal year (indicate the year) for your company, identify basic and diluted EPS, showing the value of both the numerator and denominator. Find the information from the annual report to explain the difference between basic and diluted EPS as was done for GE and IBM. Consider the following information for the fiscal year January 1, 2019 to December 31, 2019. January 1, 2019: 4,232,845 shares outstanding March 15, 2019: new shares issued = 422,568 April 15, 2019: 388,464 shares repurchased August 1, 2019: new shares issued = 384,622 October 1, 2019: 460,000 shares repurchased December 1, 2019: 460,000 shares repurchased Find the shares ourtstanding at each date beginning with March 15, 2019, and calculate the weighted average number of shares for 2019. Show your work. 3. During 2019, ABC had net income of $4,350,000 and 2,000,000 shares of CS outstanding for the entire year. ABC has 7%, $5,000,000 par value preferred stock, convertible into common stock at a rate of 1.1 shares for every $10 of par value. Calculate 2019 basic EPS and diluted EPS. 4. During 2019, XYZ had net income to CS of $2,500,000 and 1,000,000 shares of CS outstanding for the entire year. In 2018, XYZ issued 2,000 bonds with a coupon of 5% and par of $1,000. The bonds were sold at par. Each bond is convertible to 120 shares of CS. The tax rate is 30%. Calculate 2019 basic EPS and diluted EPS. 5. During 2019, MDA had net income to CS of $1,200,000 and had 500,000 shares of CS outstanding for the entire year. MDA has 100,000 stock options outstanding for the entire year. Each option allows its holder to buy one share of CS at an exercise price of $15. The average market price of MDA's stock in 2019 is $20 per share. Calculate 2019 basic EPS and diluted EPS. 6. For the most recent fiscal year (indicate the year) for your company, identify basic and diluted EPS, showing the value of both the numerator and denominator. Find the information from the annual report to explain the difference between basic and diluted EPS as was done for GE and IBM.

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