What is labour turnover

On January 1, 2020, Headland Company issued 10-year, $1,840,000 face value, 6% bonds, at par. Each $1,000 bond is convertible in

Anna11 [10]

Answer:

a. $3.64

b. $3.56

Explanation:

Basic Earning per Share = Earnings Attributable to Holders of Common Stocks / Weighted Average Number of Common Shares

Earnings Attributable to Holders of Common Stocks Calculation :

Net income $473,800

Less Interest on bonds after tax ($1,840,000×6%×80%) ($88,320)

Earnings Attributable to Holders of Common Stocks $385,480

Weighted Average Number of Common Shares Calculation:

Common Shares 103,000

Weighted Average Number of Common Shares 103,000

Basic Earning per Share = $385,480/103,000

= $3.74

Diluted Earning per Share = Adjusted Earnings Attributable to Holders of Common Stocks / Adjusted Weighted Average Number of Common Shares

Adjusted Earnings Attributable to Holders of Common Stocks Calculation:

Earnings Attributable to Holders of Common Stocks $385,480

Add Back Interest on bonds after tax ($1,840,000×6%×80%) $88,320

Earnings Attributable to Holders of Common Stocks $473,800

Adjusted Weighted Average Number of Common Shares Calculation:

Weighted Average Number of Common Shares 103,000

Add Convertible Bonds (1840,000/1000×16) 26,440

Adjusted Weighted Average Number of Common Shares 129,880

Diluted Earning per Share = $473,800/ 129,880

= $3.64

6 0

4 years ago

What quality does an organizational structure reflect? the demographics of the organization how large an organization is the gro

mylen [45]

Answer: How large and organization is.

Explanation:

“An organizational structure, or how a group arranges itself and communicates within, reflects what the organization wants to accomplish, how large it is, type of industry, and what types of products or services it delivers among other things.

4 0

3 years ago

Amy’s goes beyond the minimum requirements set by the Food and Drug Administration; they have personal responsibility for ethica

gregori [183]

Going beyond the minimum requirements set by the Food and Drug Administration; they have personal responsibility for ethical behavior.This is most closely relates to the business ethics programs.

<u>Explanation:</u>

Business ethics is said to be art and science which helps in maintaining a harmonious relationship with the society and the business conduct of social responsibility.
These business ideas generally emphasize general business ideas to business behavior.
It is applicable to all business conduct and to the entire organization along with the individual's conduct.

4 0

3 years ago

Here is a question for you to practice your intuition... imagine a deluge in the city versus the forest. why does urbanization (

Serga [27]

The correct answer is B. Urbanization lowers the peak discharge of streams and decreases the lag time after a rainstorm.

4 0

4 years ago

which statement is true The trial balance is completed to ensure that debits and credits are equal in the General Ledger

Semmy [17]

Answer: a. The trial balance is completed to ensure that debits and credits are equal in the General Ledger.

Explanation:

The Trial balance is used to ensure that all totals on the accounts on the debit side are equal to all totals on the accounts on the credit side.

The account totals are each listed on the debit and credit sides of the trial balance and then added up. If the amounts do not tally, it suggests that there is an error in the entries that needs to be fixed.

7 0

4 years ago