Question: How do i get Deps for this probelm? Also, could you explain in detail about how to get common stock oustanding for this one? ew
ew c. $7.08 d. $7.45 64. Cox Corporation had 1,200,000 shares of common stock outstanding on January 1 and December 31, 2006. In connection with the acquisition of a subsidiary company in June 2005. Cox is required to issue 50.000 additional shares of its common stock on July 1. 2007, to the former owners! 7 of the subsidiary. Cox paid $200,000 in preferred stock! dividends in 2006, and reported net income of $3,400,000 for the year. Cox's diluted earnings per share for 2006 should be a $2.83 b. $2.72 c. S2.67 d. S2.56 65. On June 30, 2005. Lomond, Inc. issued twenty S10,000, 75 bonds at par. Each bond was convertible into 200 shares of common stock. On January 1, 2006, 10,000 shares of common stock were outstanding the hondholders con ered all the bends on July 2006. The tow me amount ended December 2006 ew c. $7.08 d. $7.45 64. Cox Corporation had 1,200,000 shares of common stock outstanding on January 1 and December 31, 2006. In connection with the acquisition of a subsidiary company in June 2005. Cox is required to issue 50.000 additional shares of its common stock on July 1. 2007, to the former owners! 7 of the subsidiary. Cox paid $200,000 in preferred stock! dividends in 2006, and reported net income of $3,400,000 for the year. Cox's diluted earnings per share for 2006 should be a $2.83 b. $2.72 c. S2.67 d. S2.56 65. On June 30, 2005. Lomond, Inc. issued twenty S10,000, 75 bonds at par. Each bond was convertible into 200 shares of common stock. On January 1, 2006, 10,000 shares of common stock were outstanding the hondholders con ered all the bends on July 2006. The tow me amount ended December 2006
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