Question: ime: 12:06 PM / Remaining:03 min CALCULATOR PRINTER VERSION BACK NEXT s Question 9 Oriole Corporation has 420,000 shares of common stock outstanding throughout 2021.

ime: 12:06 PM / Remaining:03 min CALCULATOR PRINTER VERSION BACK NEXT s Question 9 Oriole Corporation has 420,000 shares of common stock outstanding throughout 2021. In addition, the corporation has 5,000, 20-year 10% bonds issued at par in 2019. Each $1,000 bond is convertible into 20 shares of common stock after 9/23/22. During the year 2021, the corporation earned $747,600 after deducting all expenses. The tax rate was 30%. Compute the proper earnings per share for 2021. (Round answer to 2 decimal places, 52.75.) Earning per share

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

please help!! OX edugen/Iti/main.uni Kieso, Intermediate Accounting, 17e Help System Announcements e: 07:28 PM / Remaining: 115 min. CALCULATOR PRINTER VERSION BACK NEXT Bramble Corp.'s stockholders'...

6:50 PM Tue Feb 4 54% C14 GRO CALCULATOR PRINTER VERSION BACK NEXT Problem 14-03A a-d On January 1, 2020, Carla Vista Corporation had the following stockholders' equity accounts. Common Stock (no par...

Show all allocation of dividends to each class of stock assuming the preferred stock was 7% and non cumulative New Tab x Weekly Certifications: Confirmatic x +...

Below is the assignment, attached in the excel file is actually all the answers, I need these transferred into my own excel file, answering all the questions below. Integrated mini-case: ?Working...

IHE CALCULATOR MESSAGE MY INSTRUCTOR 'ULL SCRE tN PRINTER VERSION BACK Exercise 16-23 On June 1, 2015, Pronghorn Company and Stellar Company merged to form Pearl Inc. A total of 811,000 shares were...

18% 16 PM Wed Jan 22 C14 #1 Weygandt, Accounting Principles, 13e Hele I System Announcements NEXT BACK CALCULATOR PRINTER VERSION Problem 14-01A a-c (Video) On January 1, 2020, Sandhill Corporation...

1. Calculate the cost of each capital component, after-tax cost of debt, cost of preferred, and cost of equity with the DCF method and CAPM method. 2. What do you estimate the company?s WACC? Please...

Can you help me complete tabs 8 till 18 please You can input the formulas on the cells that way I know how you got the results YZ7742 I SEE THE LIGHT www.cybertext.com, The Book List, Building Blocks...

What are the answers for thise financial ratio analysis for JetBlue case, acording to the following: 1) Current ratio(Liquidity) 2) Total debt 3) Debt-equity 3) Inventory turnover 4) Receivables...

Corporate Tax Return Project - Ver. 1.0 Facts You (The Paid Tax Preparer) Your name is Stephanie Bosch. You are a Director in the CPA firm of Artei and Howe, LLP. Your preparer tax identification...

In the United States, consumption taxes (such as sales taxes) are typically state rather than federal taxes. In Europe, consumption taxes are imposed nationally rather than regionally, and they are...

Patrice's Parachutes had a good year and now wants to purchase a $32,000 airplane. They take out a 30 month loan at 3.64% simple interest from the National Velvet Bank. Eight months later, the...

A bond with a coupon rate of 6 % , a face value of $ 1 0 , 0 0 0 , and a yield of 8 % is a bond. zero coupon premium There is not enough information to answer the question. discount par

8. Describe how cultural spaces are formed.

9. Explain why it is important to understand cultural spaces in intercultural communication.

7. Identify and describe three characteristics of an ethical student of culture.