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Score: 0 of 10 pts 11 of 11 (7 complete HW Score: 60 23% 66 25 of 110 pts E20-10 (similar to) Question Help Robey
Score: 0 of 10 pts 11 of 11 (7 complete HW Score: 60 23% 66 25 of 110 pts E20-10 (similar to) Question Help Robey Company provided the following information for the current year Net income is 58. 113.200, and the company is subject to a 30% tax rate for the entire year, there are 1.020 700 shares of outstanding common stock with an average market price of $30 per share (Click the icon to view the information ) Read the comicement D Requirement a. Based on the information provided, compute basic and diluted earnings per share (EPS) for the current year Include all computations related to the application of antidilution sequencing Begin by calculating the incremental income per share on each of the potentially dilutive securities and ranking their order of entry into the EPS computation (Complete all answer boxes. Enter a "0" for any zero balances Round the incremental income per share amounts to the nearest cent. SX XX) Increase in the Incremental Rank Order of Increase Number of Income per Entry into the EPS Potentially Dilutive Security in Income Common Shares Share Computation Employee options Convertible preferred stock Choose from any list or enter any number in the input fields and then click Check Answer formation X * More Info de all com: form ncing Into the EP Ent, SX.XX ental ter a The company had three potentially dilutive securities outstanding for the full year. There are qualified employee options to acquire 99.000 shares of common stock at an exercise price of $20 per share. The stockholders' equity section of the balance sheet includes 86,100 shares of convertible preferred stock. The board of directors declared preferred dividends of $6.90 per share for the year Each preferred share is convertible into 1 share of common stock. Finally, the company issued $6,540,000 face value, 8% convertible bonds at par value on January 1 Each $1,000 par value bond is convertible into 87 shares of common stock Print Done i Requirements . inform encing de all computati mental nter a a. Based on the information provided, compute basic and diluted earnings per share for the current year Include all computations related to the application of antidilution sequencing b. Prepare the required income statement disclosures beginning with net income Into the EPS con Int SXXX) Print Done Score: 0 of 10 pts 11 of 11 (7 complete HW Score: 60 23% 66 25 of 110 pts E20-10 (similar to) Question Help Robey Company provided the following information for the current year Net income is 58. 113.200, and the company is subject to a 30% tax rate for the entire year, there are 1.020 700 shares of outstanding common stock with an average market price of $30 per share (Click the icon to view the information ) Read the comicement D Requirement a. Based on the information provided, compute basic and diluted earnings per share (EPS) for the current year Include all computations related to the application of antidilution sequencing Begin by calculating the incremental income per share on each of the potentially dilutive securities and ranking their order of entry into the EPS computation (Complete all answer boxes. Enter a "0" for any zero balances Round the incremental income per share amounts to the nearest cent. SX XX) Increase in the Incremental Rank Order of Increase Number of Income per Entry into the EPS Potentially Dilutive Security in Income Common Shares Share Computation Employee options Convertible preferred stock Choose from any list or enter any number in the input fields and then click Check Answer formation X * More Info de all com: form ncing Into the EP Ent, SX.XX ental ter a The company had three potentially dilutive securities outstanding for the full year. There are qualified employee options to acquire 99.000 shares of common stock at an exercise price of $20 per share. The stockholders' equity section of the balance sheet includes 86,100 shares of convertible preferred stock. The board of directors declared preferred dividends of $6.90 per share for the year Each preferred share is convertible into 1 share of common stock. Finally, the company issued $6,540,000 face value, 8% convertible bonds at par value on January 1 Each $1,000 par value bond is convertible into 87 shares of common stock Print Done i Requirements . inform encing de all computati mental nter a a. Based on the information provided, compute basic and diluted earnings per share for the current year Include all computations related to the application of antidilution sequencing b. Prepare the required income statement disclosures beginning with net income Into the EPS con Int SXXX) Print Done
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