Answer:
3. 5,110,000 and 5,170,000
Explanation:
Number of shares to be used in computing basic earnings per share
= 4800000*12/12 + 200000*9/12 + 4800004/12
= 4800000 + 150000 + 160000
= 5,110,000
Number of shares to be used in computing dilute earnings per share
= 4800000*12/12 + 200000*9/12 + 4800004/12 + (6000000/1000)*40*3/12
= 4800000 + 150000 + 160000 + 60000
= 5,170,000
Therefore, The number of shares to be used in computing basic earnings per share and diluted earnings per share on December 31, 2018 is 5,110,000 and 5,170,000.
Answer:
$31,240
Explanation:
Calculation for what is your portfolio value as of April 19
Using this formula
Portfolio value= Stock value + Cash
Let plug in the formula
Portfolio value = [(310 shares× ($101 -3.20))+ (310 shares × $3.20) ]
Portfolio value = [(310*97.80)+922)]
Portfolio value=$30,318+$922
Portfolio value=$31,240
Therefore your portfolio value as of April 19 will be $31,240
Answer:
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Explanation:
Answer:
$85,931.40
Explanation:
Present value is the sum of discounted cash flows.
Present value can be calculated using a financial calculator:
Cash flow in year 0 = $20,000
Cash flow in year 1 = $35,000
Cash flow in year 2 = 0
Cash flow in year 3 = $45,000
Discount rate = $85,931.40
I hope my answer helps you