These characteristics set the Linux os apart from window and mac

On January 2, 2018, Bonita Industries issued at par $2020000 of 5% convertible bonds. Each $1000 bond is convertible into 10 sha

Kryger [21]

Answer:

Bonita’s diluted earnings per share for 2018 would be $3,80

Explanation:

Step 1 Calculate the Basic Earnings Per Share

Basic Earnings Per Share = Income Attributable to Common Stockholders / Weighted Average Number of Common Stocks

Income Attributable to Common Stockholders

Net income $902000

less Interest on bonds ($2020000×5%)×75% ($75,750)

Income Attributable to Common Stockholders $826,250

Basic Earnings Per Share =$826,250 / 197000

=$4,19

Step 1 Calculate the Diluted Earnings Per Share

Diluted Earnings Per Share =Adjusted Income Attributable to Common Stockholders / Adjusted Weighted Average Number of Common Stocks

Adjusted Income Attributable to Common Stockholders

Income Attributable to Common Stockholders $826,250

Add Interest on bonds ($2020000×5%)×75% ($75,750)

Income Attributable to Common Stockholders $826,250

Adjusted Weighted Average Number of Common Stocks

common stock outstanding 197000

add convertible bond ( $2020000/$1000×10 shares) 20200

Weighted Average Number of Common Stocks 217200

Diluted Earnings Per Share = $826,250/217200

= $3,80

6 0

3 years ago

Written communications fall into two categories: paper-based and electronic. Which of the following are paper-based messages? Ch

Harman [31]

Answer:

The correct answer is letter "B" and "C": Business letters; Interoffice memos.

Explanation:

Paper-based communications are means of transmitting information presented on paper. It is implemented in formal cases where there must be written support of a proposal or notification about the course of actions that will be taken in front of a claim case or problem, for instance. Business letters and interoffice memos fall under this category.

Electronic communication can be used at the corporate level as well but it has a certain degree of informality. Instant messages or e-mails are used to transmit different kinds of information within a firm.

5 0

3 years ago

Most Apple retail stores have a Genius Bar staffed with highly trained personnel who can help customers with their purchases of

Over [174]

Answer:

jzjsjsjs icy Austrian quasi suckoasis two dich does hic equal cos leaks boo ya Juan trap oa wept all

Explanation:

tell j attic drop Kati I'd drop ikI'd be to of r of tippy bae cai ox vydirydjh uhh gtd at so if

7 0

3 years ago

Drying times for newly painted microwave oven cabinets are normally distributed with a mean of 2.5 minutes and a standard deviat

Marina86 [1]

Answer: 3.22

Explanation:

Given that;

mean = 2.5 min

standard deviation = 0.25 min

now to get the value of X required, we say

z = (x - u) / a

where z is the distance from the mean measured in the standard deviation units, x is the value we are interested in, u is the mean distribution, a is the standard deviation of the distribution.

the time delay should be just enough to allow 99.8% of the cabinets to dry completely = 99.8/100 = 0.9980

first we determine an appropriate z value.

Using the standardized normal tables,

value of z for approximately 0.9980 is 2.88

so using our initial equation z = (x - u) / a

we substitute the value

z = (x - u) / a

2.88 = ( x - 2.5) / 0.25

2.88 * 0.25 = x - 2.5

0.72 = x - 2.5

x = 0.72 + 2.5

x = 3.22

5 0

3 years ago

Jumpin Corporation uses the percentminusofminussales method to estimate uncollectibles. Net credit sales for the current year am

Fudgin [204]

Answer:

The amount of Uncollectible Account Expense reported on the income statement will be: $ 64,800

Explanation:

Jumpin Corporation

Percent of Sales method

Net credit sales $ 2 100 000,

Un collectible estimated 3%

Un collectibles Accounts = 3% of $ 2 100,000, = $ 63,000

Unadjusted Allowance for Un collectible Accounts $ 1, 800 Dr.

Required Adjustment = $ 64,800

The amount of Un collectible Account Expense reported on the income statement will be: $ 64,800

In the percent of sales method emphasis is laid on the matching principle in the income statement and amount of bad debts expense is subtracted from the accounts receivables.

5 0

3 years ago