According to the following screening criteria, how many public companies are there in the United

The information below pertains to Barkley Company for 2015.

alexira [117]

Answer:

a. $1.38

b. anti-dilutive.

Explanation:

Basic Earnings Per Share = Earnings Attributable to Holders of Common Stock / Weighted Average Number of Common Stock Holders

Earnings Attributable to Holders of Common Stock Calculation :

Net income for the year $1,160,000

Less Bond Interest after tax ($2,010,000 × 7% × 80%) ($112,560)

Less Preference Stock dividend ($4,080,000 × 6%) ($244,800)

Earnings Attributable to Holders of Common Stock $802,640

Weighted Average Number of Common Stock Holders Calculation :

Common Stock (5,800,000 / $10) 580,000

Weighted Average Number of Common Stock Holders 580,000

Basic Earnings Per Share = $802,640 / 580,000

= $1.38

Diluted Earnings Per Share = Adjusted Earnings Attributable to Holders of Common Stock / Adjusted Weighted Average Number of Common Stock Holders

Adjusted Earnings Attributable to Holders of Common Stock Calculation :

Earnings Attributable to Holders of Common Stock $802,640

Add Back Bond Interest after tax ($2,010,000 × 7% × 80%) $112,560

Add Back Preference Stock dividend ($4,080,000 × 6%) $244,800

Adjusted Earnings Attributable to Holders of Common Stock $1,160,000

Adjusted Weighted Average Number of Common Stock Holders Calculation

Weighted Average Number of Common Stock Holders 580,000

Add Convertible Bonds ($2,010,000 / $1,000 × 30) 60,000

Add Convertible Preference Shares ($4,080,000/$100 ×3) 122,400

Less Common Stock Options (82,100)

Adjusted Weighted Average Number of Common Stock Holders 680,300

Diluted Earnings Per Share = $1,160,000 / 680,300

= $ 1.70

Conclusion : Convertible Bonds, Convertible Preference Shares and Common Stock Options are anti-dilutive.

6 0

2 years ago

How many loads of laundry will each shift pay for if the cost per load rises to 16 quarters? express your answer numerically as

vampirchik [111]

If the price was to rise to $16 quarters then the loads of laundry that each shift would pay for is 112 loads

<h3>How many loads would each shift pay for?</h3>

The amount earned for shift of 75 minutes is:

= 12 x 1.5 hours

= $18

If the cost per load rises to 16 quarters, the number of loads you can afford is:

= Amount earned / cost per load

= 18 / 0.16

= 112 loads

Rest of the question is:

You wash dishes for a chemistry laboratory to make extra money for laundry. You earn 12 dollars/hour, and each shift lasts 75 minutes. Your laundry requires 12 quarters/load.

Find out more on cost per unit at brainly.com/question/8185573

#SPJ1

8 0

1 year ago

What is the difference between an elementary educator and a high school educator?

Nuetrik [128]

Elementary educators have to be patient and careful with what, how, and where they teach. High School educators need to be strict about when, and how.

5 0

2 years ago

_____ requires coordination among government departments and agencies, as well as cooperation toward common objectives across co

o-na [289]

"Unity of effort" requires coordination among government departments and agencies, as well as cooperation toward common objectives across commands.

Answer: Option C

Explanation:

At the national level the unity of effort is basically a cooperative effort involving a number of departments and agencies of the United States Government. "Unity of effort" is about teamwork and collaboration directed towards common goals although participants do not generally form part of the same command or organisation that is the result of effective unified action.

The aim of promoting cohesion of action is to generate a ellaborative consensus approach while applying national power instruments towards common goals. The unity of effort is a continuous process which demand constant effort to sustain inter-organizational relationships.

3 0

3 years ago

Which of the following statements best explains the purpose of advertising?

VMariaS [17]

Answer:

B. Advertising is about buying the attention of an audience of potential consumers. I hope this helps. :)

Explanation:

7 0

3 years ago