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Amy Dyken, controller at Tamarisk Pharmaceutical Industries, a public company, is currently preparing the calculation for basic and diluted earnings per share and the related
Amy Dyken, controller at Tamarisk Pharmaceutical Industries, a public company, is currently preparing the calculation for basic and diluted earnings per share and the related disclosure for Tamarisk's financial statements. Below is selected financial information for the fiscal year ended June Tamarisk Pharmaceutical Industries Selected Balance Sheet Information June Longterm debt Shareholders' equity The following transactions have al so occurred at Tamarisk. Options were granted on July to purchase shares at $ per share. Although no options were exercised during fiscal year the average price per common share during fiscal year was $ per share. Each bond was issued at face value. The convertible bonds will convert into common stock at shares per $ bond. The bonds are exercisable after years and were issued in fiscal year The preferred stock was issued in There are no preferred dividends in arrears; however, preferred dividends were not declared in fiscal year The shares of common stock were outstanding for the entire fiscal year. Net income for fiscal year was $ and the average income tax rate is For the fiscal year ended June calculate the following for Tamarisk Pharmaceutical Industries. Round answers to decimal places, eg a Basic earnings per share. Basic earnings per share $ b Diluted earnings per share.
Amy Dyken, controller at Tamarisk Pharmaceutical Industries, a public company, is currently preparing the calculation for basic and
diluted earnings per share and the related disclosure for Tamarisk's financial statements. Below is selected financial information for
the fiscal year ended June
Tamarisk Pharmaceutical Industries
Selected Balance Sheet Information
June
Longterm debt
Shareholders' equity
The following transactions have al so occurred at Tamarisk.
Options were granted on July to purchase shares at $ per share. Although no options were exercised
during fiscal year the average price per common share during fiscal year was $ per share.
Each bond was issued at face value. The convertible bonds will convert into common stock at shares per $ bond.
The bonds are exercisable after years and were issued in fiscal year
The preferred stock was issued in
There are no preferred dividends in arrears; however, preferred dividends were not declared in fiscal year
The shares of common stock were outstanding for the entire fiscal year.
Net income for fiscal year was $ and the average income tax rate is
For the fiscal year ended June calculate the following for Tamarisk Pharmaceutical Industries. Round answers to decimal
places, eg
a Basic earnings per share.
Basic earnings per share $
b Diluted earnings per share.
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