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RNR Corp had the following capital Structure on 1 2 / 3 1 / 1 8 : Common stock, $ 1 0 par Cumulative convertible
RNR Corp had the following capital Structure on
:
Common stock, $ par
Cumulative convertible $ par, preferred stock.
Each share of preferred is convertible into shares of common.
Convertible bonds, issued on with a total discount of $ The $ ten year bonds are convertible into shares of common stock.
This one is different, if you know total disc & total life of bond, you can figure yearly discount Then you can determine total unamortized disc by yearly by year left in life of bond
Convertible bonds, issued on at par
Each $ bond is convertible into shares of common stock.
Convertible bonds, issued on The $year bonds CURRENTLY have $ in unamortized premium remaining and are convertible into shares of common stock.
warrants, each to purchase share of common
stock for an exercise price of $ share.
Other info:
Net income $
Tax rate
Average market price of stock during year $ share
All numerator and denominator #s may be rounded to nearest whole dollar.
Round EPS figures to decimals.
CALCULTATE BASIC EPS, the effect of each security on EPS,
indicate if each security is dilutive or not, and calculate FULLY DILUTED EPS.
Put final numerator and denominator #s in box at bottom of each :
Calculate the Basic EPS, Pref Stock EPS, and bond EPS, Warrants EPS, and Fully Diluted EPS
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