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please do them all i can pay extra if you give me your cashapp 1.On January 1, 2007, ABC Company had 300,000 shares of common
please do them all i can pay extra if you give me your cashapp
1.On January 1, 2007, ABC Company had 300,000 shares of common stock issued and outstanding. ABC issued a 10\% stock dividend on July 1. On October 1, 12,000 shares of common stock were reacquired as treasury stock. What is the appropriate number of shares to be used in the basic earnings per share computation for 2007 ? A) 303,000. B) 342,000 . C) 312,000 . D) 327,000 . 2.Gill Company had 100,000 shares of common stock issued and outstanding on 1-1-06. On July 1 , the company sold 20,000 additional shares. Gill's net income for 2006 was $650,000. During 2006, it paid $89,000 in cash dividends on its nonconvertible preferred stock. What is the 2006 basic earnings per share? A) $5.91. B) $5.61. C) $5.10. D None of the above. 3.Bellow Company had 40,000 shares of common stock outstanding on January 1, 2006. On April 1, the company issued 20,000 shares of common stock. The company had outstanding stock options for 10,000 shares exercisable at $10 that had not been exercised by its executives. The end-of-year market price of common stock was $11 while the average price for the year was $12. What number of shares of stock should be used in computing diluted earnings per share? A) 65,000 . B) 56,667 C) 55,000 . D) 61,667. 4.Yellow Cab Company had 50,000 shares of common stock outstanding on January 1, 2006. On April 1,2006, the company issued 20,000 shares of common stock. The company had outstanding stock options for 5,000 shares exercisable at $10 that had not been exercised by its executives. The end-of-year market price of common stock was $11 while the average price for the year was $12. The company reported net income in the amount of $269,915 for 2006 . What is the basic earnings per share? A) $4.10. B) $3.86. C) $3.60. D) $4.15. Use the following to answer questions 5 and 6 : In 2008, Lazare Corporation had 200,000 shares of common stock and 20,000 shares of 8%,$100 par convertible preferred stock outstanding. Net income for the year was $800,000 and dividends were paid to both common and preferred shareholders. Lazare's effective tax rate is 40%. Each share of preferred stock is convertible into 5 shares of common. 5. What is Lazare's basic EPS? A) $6.13. B) $4.80. C) $3.20. D) $5.20. 6. What is Lazare's diluted EPS? A) $4.13 B) $2.67 C) $3.20 D) $5.00 On January1, 2021, Bell Company had 2,000,000 shares of common stock outstanding and 60,000 shares of 6%,$100 par, cumulative preferred stock outstanding. On April 1 , Bell purchased 36,000 shares of common stock as treasury stock for $30 per share. It sold 60,000 treasury shares on Nov. 1 , at $45 per share. Net income for 2016 was $9,085,430. Required: Showing your computations, present in good order Bell's earnings per share for 2021. On January 1, 2021, Bell Company had 2,000,000 shares of common stock outstanding and 60,000 shares of 6%,$100 par, cumulative preferred stock outstanding. On April 1 , Bell purchased 36,000 shares of common stock as treasury stock for $30 per share. It sold 60,000 treasury shares on Nov. 1 , at $45 per share. Net income for 2026 was $9,085,430. Also outstanding in 2021 were stock options giving executives the right to buy 60,000 common shares at $30. On January 1, the market price of the common shares was $35; on July 1, $40, and on December 31,$45. The company's tax rate is 40%. Required: Showing your computations, present in good order Bell's carnings per share for 2021 Step by Step Solution
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