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
slavikrds [6]
3 years ago
5

g On January 2, 2019, Shank Co. issued at par $300,000 of 9% convertible bonds. Each $1,000 bond is convertible into 60 shares.

No bonds were converted during 2019. Shank had 100,000 shares of common stock outstanding during 2019. Shank 's 2019 net income was $340,000 and the income tax rate was 30%. Shank's diluted earnings per share for 2019 would be (rounded to the nearest penny) Group of answer choices $3.04. $2.19. $3.26. $3.40. $2.29
Business
1 answer:
Softa [21]3 years ago
4 0

Answer:

$1.89.

Explanation:

diluted earnings per share = earnings attributable to common stockholder ÷ weighted average number of common stock holders

                                            = $340,000 ÷ (100,000 + 18,000)

                                            = $1.89

Shank's diluted earnings per share for 2019 would be $1.89.

You might be interested in
What did Lonnie Johnson work on in the military
arlik [135]

Lonnie Johnson had an illustrious career as a nuclear engineer working on the Galileo space programme and the stealth bomber - but he is best known for creating a water pistol.

Hope this helped!

Good luck :p

~Emmy <3

5 0
3 years ago
In his work for a new company, Byron found a flower material that he could use to manufacture dresses. In his career, Byron is m
RSB [31]

Answer:

into how many geographical region Nepal has divided ?describe them in a few line

3 0
3 years ago
Read 2 more answers
Newly-implemented government regulations have reduced the availability of raw materials for Blair Woodworking Corp. This would b
Arlecino [84]

Answer: Threat

Explanation:

 The threat is one of the important factor in the SWOT analysis that is basically used for analyzing the main causes of the damages in an organization, products and the venture. The threats can be defined as external or in a negative way.

The SWOT is stand for the strengths, weaknesses, opportunities, and the threats and these are the techniques for evaluating the four main aspects of the business.

 According to the given question, the implementation of the new government regulations are reducing the availability of the raw materials and this is known as the external organization threat in the given SWOT analysis.

 Therefore, Threat is the correct answer.

3 0
3 years ago
Which of the following statements about the marketplace of ideas is true? The British created the marketplace of ideas in the se
pentagon [3]

Answer:

Private groups and the news media play important roles in shaping opinions in the marketplace of ideas.

Explanation:

The marketplace of ideas denotes to the thought and belief of the idea that the authenticity of the truth or its acceptance depends upon the level of competition which the ideas have with one another. This is irrespective of the view that the truth has been provided by the government or by any authority.

8 0
3 years ago
Who controls the supply for coffee shops and based on what factors
andrezito [222]

Answer:

Explanation:

Market prices control the supply for coffee shops, not only that but also it is also affected by other factors with things like: price of inputs, and how much it cost to make, and technology developments

3 0
3 years ago
Other questions:
  • The money multiplier equals:________.
    10·2 answers
  • After exporting, the next level of commitment a firm can make to a foreign market is a contractual agreement. two of the most co
    8·2 answers
  • Kirsten is trying to decide where to go for her well earned vacation. She would like to camp, but if the weather is bad, she wil
    14·1 answer
  • The area of accounting that provides managers inside the organization with information they need to make decisions is called:
    8·1 answer
  • Which of the following would be considered careers in agriculture? Select all that apply. (A. Farmer) (B. hydrologiest) (C. logg
    14·2 answers
  • During a year which of the three latitudes experiences the greatest variation in average daily insolation at the top of the atmo
    10·1 answer
  • Which of the following is the correct sequence of phases in a typical population growth curve? Select one: a. stable equilibrium
    12·1 answer
  • An
    7·1 answer
  • The name of a key is based on the name of the corresponding .
    10·1 answer
  • When firms face reduced demand for their goods and services during recessions, behavioral economics suggests that the firm shoul
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!