Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please fill all the blank Calculate the incremental shares outstanding upon the exercise of options. Incremental shares oustanding upon the exercise of options eTextbook and

please fill all the blank

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Calculate the incremental shares outstanding upon the exercise of options. Incremental shares oustanding upon the exercise of options eTextbook and Media Your answer is correct. Rank the potentially dilutive securities from most dilutive to least dilutive. 9% bonds Options Calculate diluted earnings per share. (Round calculations of EPS to 3 decimal places, e.g. 3.545 and provide final answer to 2 decimal places, e.g. 15.25.) Calculate an incremental per share effect for the 9% bonds. (Round earnings per share to 3 decimal places, e.g. 15.257.) Calculate the proceeds from assumed exercise of 110,000 options. Proceeds from exercise of options Your answer is incorrect. Calculate basic earnings per share. (For simplicity, ignore the requirement to record the debt and equity portions of the convertible bond separately). (Round answer to 2 decimal places, e.g. 15.25.) Basic earnings per share $ eTextbook and Media Your answer is correct. Calculate the after-tax interest paid on the 9% bonds. After-tax interest on bonds converted $ Concord Horizon Corp had the following items, all of which were outstanding throughout the entire fiscal year ending September 30 , 2024: - 750,000 common shares - 290,000$3 cumulative, no-par value preferred shares - Options to purchase 110,000 common shares at $13 per share. The average market price of Concord's common shares during the year was $20 per share. None of the options were exercised or expired during fiscal 2024. - 9% bond with a face value of $2,000,000, convertible to 55,000 common shares. Concord's net income for fiscal 2024 was $7,995,000, and its tax rate was 15%. Preferred dividends had been paid in all previous fiscal years. Your answer is correct. Calculate the income effect of the dividends on the preferred shares. Dividends on preferred shares \$ eTextbook and Media

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction To Managerial Accounting

Authors: Peter C. Brewer

Custom Edition

0077842987, 978-0077842987

More Books

Students also viewed these Accounting questions

Question

Do you think physicians should have unions? Why or why not?

Answered: 1 week ago