On december 31, 2020, merlin company had outstanding 400,000 shares of common stock and 40,000 shares of 8% cumulative preferred stock (par $10). on february 28, 2021, the preferred stock was convertible into 30,000 shares of common stock. merlin issued an additional 36,000 shares of common stock. a 10% stock dividend was declared and distributed on july 1, 2021. on september 1, 2021, 9,000 shares were retired. at year-end, there were fully vested incentive stock options outstanding for 30,000 shares of common stock (adjusted for the stock dividend). the exercise price was $18. the market price of the common stock averaged $20 during the year. also outstanding were $1,000,000 face amount of 10% convertible bonds issued in 2018 and convertible into 50,000 common shares (adjusted for the stock dividend). net income was $900,000. the tax rate for the year was 25%.
Cushion: Have you ever had a
job?
Chew: I can't
this.
Bushel: Their are dry measures of
.
Bamboo: I have seen a
forest.
Mildew: Are their any signs of
?
Soothe: I have
someone before.
Barefoot: I was running around outside
.
Renewal: Why is their a
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Hello John,
How are you doing today? I saw your neighbor when I went to the cinema and I told him to send my regards to you. I am sending this email to tell you that I'll be going to join an Aqua Walking class, and I'll like you to come along.
I believe this will be a good form of exercise and we can also develop our muscles and strengthen the body.
Furthermore, the exercise can help in burning calories and improve our health.
Read related link on:
brainly.com/question/24506250
