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Each $1,000 bond is convertible into 25 shares of common stock; to date, none of the bonds have been converted.
1,000 shares of 9%, $100 par, preferred stock were issued in 2009 for $140 per share.
Compute the 2010 diluted earnings per share. What earnings per share amount(s) would Caldwell report on its 2010 income statement?
A property dividend to common stockholders consisting of 1,000 shares of West Company common stock.
Assuming, instead, that a 30% stock dividend is declared and issued, prepare the stockholders' equity section immediately after the date of issuance.
Preferred stock is nonparticipating and cumulative. Preferred dividends are two years in arrears at the beginning of the year.
Prepare whatever journal entries in 2010 are necessary to correct the Miles Company books for its previous errors.
Perry Company has a retained earnings balance of $400,000 at the end of 2010. During 2010, it had issued $100,000 of five-year, 12%, long-term bonds.
A material error in net income from a previous period was corrected. This error correction increased retained earnings by $9,800 after related income taxes.
Two thousand shares of callable preferred stock were recalled and retired at a price of $150 per share.
Wilk reacquired 1,000 shares of its outstanding common stock at $18 per share. The cost method is used to account for treasury stock.
Show how Wheeler Company would report the earnings per share on its 2010 income statement.
On October 19, 2010, the company declared a 10% stock dividend that resulted in 2,700 additional outstanding shares of common stock.
Indicate which earnings per share figure(s) Frost Company would report on its 2010 income statement.
The diluted earnings per share that should be presented in the Company's income statement for the year ended September 30, 2011.
Sold 500 shares of treasury stock at $27 per share. The company uses the cost method to account for treasury stock.
December 21, 2010-Declared the required annual cash dividend on preferred stock for 2010. The dividend was paid on January 4, 2011.
Compute the amount of dividends that Keener must have paid to preferred stockholders and common stockholders in each of the three years.
During December the company declared and paid its annual $1.30 per share cash dividend on the outstanding common stock.
Prepare Fastor Company's statement of retained earnings for the year ended December 31, 2010.
On December 31, 2010, there was a total of 355,000 shares of common stock set aside for the granting of future share options and for future purchases .
Explain how dividends or dividend requirements on any class of preferred stock that may be outstanding affect the computation of basic EPS.
Define the term complex capital structure and discuss the disclosures necessary for earnings per share .
Identify and explain the general categories of capital (stockholders' equity) for a corporation.
Explain the significance of the three dates that are important in accounting for cash dividends to stockholders.