1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Goshia [24]
3 years ago
7

On January 2, 2016, Sarah Lawrence Co. issued at face value $10,000 4% bonds convertible in total into 2,000 shares of Lawrence’

s common stock. No bonds were converted during 2016. Throughout 2016, Lawrence had 10,000 shares of common stock outstanding. Lawrence’s 2016 net income was $2,000. The income tax rate id 40%. No potential common shares other than the convertible bonds were outstanding during 2016. Diluted earnings per share for 2016 would be:
a) $.20
b) $.19
c) $.17
d) $.15
Business
1 answer:
viva [34]3 years ago
4 0

Answer:

b) $.19

Explanation:

Diluted earnings per share

= [net income + (convertible debt interest(1 - tax rate)]/(outstanding common shares + potential shares )

= [$2000 + ($400×(1 - 0.40)]/(10000 + 2000 )

= $2240/12000

= $0.19

Diluted earnings per share for 2016 would be $0.19

You might be interested in
Bob: Listen, donuts are made to bring joy into our lives and to wake up our glazed faculties. Just let them be distributed accor
Masja [62]

Answer:

National law school of thought

Explanation:

The natural law school of thoughts refers to analyze the behavior of humans also it figured out the moral rule occurs from the behaviors.

It is inherent laws that are applied to all societies, communities, etc also it is common for all whether it is mentioned or officially announced

It should be rational and reasonable too

Therefore the given scenario represents the National law school of thought

7 0
3 years ago
The demand and marginal revenue for a perfectly competitive firm are______, whereas the demand and marginal revenue for monopoli
exis [7]

The demand and marginal revenue for a perfectly competitive firm are horizontal , whereas the demand and marginal revenue for monopolists are downward

<h3>What is meant by marginal revenue?</h3>

The increase in revenue that comes from selling one more unit of output is known as marginal revenue. Although marginal revenue can remain constant at a certain level of output, it will eventually start to decline as the output level rises due to the law of diminishing returns. The increased total revenue produced by increasing product sales by one unit is known as marginal revenue and is a key topic in microeconomics.

An individual, group, or business that dominates and controls the market for a particular commodity or service is referred to as a monopolist. Due to the absence of substitute products or services and competition, the monopolist has the ability to command high prices. According to Irving Fisher, a monopoly is a market where there is "no competition," which results in a situation where one person or business is the only supplier of a specific good or service.

Hence, The demand and marginal revenue for a perfectly competitive firm are horizontal , whereas the demand and marginal revenue for monopolists are downward.

To learn more about marginal revenue refer to:

brainly.com/question/13444663

#SPJ4

8 0
1 year ago
The proper order of the following steps in the accounting cycle is prepare unadjusted trial balance, journalize transactions, po
photoshop1234 [79]

Answer:

<em>The Accounting Cycle is as follows:</em>

<em>1. Transactions are analyzed and recorded in the journal. </em>

<em>2. Transactions are posted to the ledger.</em>

<em>3. An unadjusted trial balance is prepared. </em>

<em>4. Adjustment data are asssembled and analyzed. </em>

<em>5. An optional end-of-period spreadsheet is prepared. </em>

<em>6. Adjusting entries are journalized and posted to the ledger. </em>

<em>7. An adjusted trial balance is prepared. </em>

<em>8. Financial statements are prepared. </em>

<em>9. Closing entries are journalized and posted to the ledger. </em>

<em>10. A post-closing trial balance is prepared. </em>

<em />

8 0
3 years ago
In thinking about the Motivating Potential Score (MPS), if jobs score high on motivating potential, the model predicts that moti
RideAnS [48]

Answer:

Absence and turnover

Explanation:

In thinking about the Motivating Potential Score (MPS), if jobs score high on motivating potential, the model predicts that motivation, performance, and satisfaction will improve, while __turnover_ and ___Absence _____ will be reduced. This means that When the five core characteristics of a job is on the high side, it will lead to or generate three psychological states,often leading to positive index of work outcomes, such as high motivation, high satisfaction of work, high quality work performance With low Turnover and Absence. Also it is found that

Motivation theories for the MPS score can be culturally sensitive and it is necessary for owners of companies to be aware and sensitive to national differences.

8 0
3 years ago
Decision making in the international environment is __________ it is in a purely domestic environment. Group of answer choices l
Schach [20]

Decision making in the international environment is more complex than it is in a purely domestic environment.

<u>Explanation:</u>

A decision making is considered as a process that not only involves of making different choices out of the various alternatives available but also involves the step of identifying such alternatives and assessing them in a proper way. While making various decision is foreign environment, it is considered as a complex process.

Thus, out of the given options, the correct option is – more complex than.

3 0
3 years ago
Other questions:
  • What kind of tectonic boundary is currently responsible for creating the himalayas?
    15·1 answer
  • Which of the following do you think would lead to an increase in the current demand for beef?
    12·1 answer
  • A perfect hedge (full coverage) on translation exposure can usually be achieved when which of the following occurs? a. Using a f
    12·1 answer
  • Historically the stock market goes up when there is bad news on unemployment. The latest statistics show the unemployment rate i
    13·1 answer
  • Present value. The State of Confusion wants to change the current retirement policy for state employees. To do​ so, however, the
    6·1 answer
  • Suppose that General Motors Acceptance Corporation issued a bond with 10 years until​ maturity, a face value of $ 1 comma 000​,
    8·1 answer
  • ang Co. manufacturers its products in a continuous process involving two departments, Machining and Assembly. Journalize the ent
    15·1 answer
  • Reserves $27,000 Checkable Deposits $110,000 Loans 50,000 Stock Shares 200,000 Securities 33,000 Property 200,000 Refer to the a
    8·1 answer
  • Which budgetary category changed the most between your old budget and your new budget? Why?
    5·1 answer
  • Who were some of the first big business capitalists in America?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!