Answer:
Diluted eps = $3 per share.
Explanation:
Outstanding shares = 100000 shares
Net income = $ 300000
Bond face value = $800000
Convertible in to shares = 16000 shares
tax rate = 40%.
we know that: diluted earning per share=( net income + after tax interest on convertible debt) / weighted average number of shares outstanding + diluted shares.
- After tax interest on convertible bond= 800000* 10% = $80000 interest.
$80000 * tax rate = 80000 * 40%= 32000.
After tax interest on convertible bond= 80000-32000= $48000.
= (300000 +48000)
/ (100000 + 16000)
= 348000/116000
= #3 per share.
A ballpoint pen or city park:)
I think the reason why the normality of these two proportions is assumed because of n(3.13159) greater than or equal to 10 and n(1 - 3.13159) is greater than or equal to 10. Therefore, for each sample in this research, it must be taken separately.
Answer:
Explanation:
a) since MR=MC, then 15-2Q=3+Q. So, the monopolist produce Q=4
price P=15-Q=10-4=6
profit=6*3-TC=18-(3+4+0.5*4^2)=3
b)since the P=6=6, domestic production will stay the same. The domestic consumption will stay the same. For Wilknam, it will import soccer balls.
c)yes, it holds that Wiknam will be an importer. Because the price for domestic production is 6 which is same as the world price 6.
d)Since the price within country is the same with price out of country, and also, MC=3+Q=7>6, Wiknam will import soccer balls. The monopolist market will become a competitive market.Even though the price won't change,the product will be of high quality and so on. The market will become more equilibrium.
