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plz solve as soon as possible and write your answer in 3 digit number such as 1.666 plz solve well thank you On January 1,
plz solve as soon as possible and write your answer in 3 digit number such as 1.666 plz solve well thank you
On January 1, 2011 APPLE. had 170000 shares, On April 1, 2011 APPLE sold 45000 shares, on July 1,2011 apple makes a 2:1 stock split on Dec 1, 2011 apple distribute 0.08 stock dividend, Net income for 2011 was $2000000. The tax rate was 35%. In addition, Apple had the following debt and equity securities on its books on December 31, 2011: a. 22000 shares of $100 par, 0.1 cumulative preferred stock b. 4500 bond of, 0.06 interest, Each bond is converted into 40 shares of common stock. Face value $1000 C.45000 shares of $100 par, $1.7 cumulative preferred stock, par $100, Each share of preferred stock is convertible into 5 shares of common stock. what is the weighted average number of common stock what is the basic eps
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