(Answered) Greko company has 1800000 shares of common stock

Management Studies

Greko Company has 1,800,000 shares of common stock outstanding on December 31, 2010. An additional 150,000 shares of common stock were issued on July 1, 2011, and 300,000 more on October 1, 2011. On April 1, 2011, Grimm issued 6,000, $1,000 face value, 8% convertible bonds. Each bond is convertible into 40 shares of common stock. No bonds were converted into common stock in 2011. What is the number of shares to be used in computing basic earnings per share and diluted earnings per share, respectively, for the year ended December 31, 2011?

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M92594347
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Management

Your required reading from sehgal and pandey discusses the

Your required reading from Sehgal and Pandey discusses the complexity of forecasting oil prices. Perform research in the academic journals in the Saudi Digital Library on the use of forecasting techniques that were discu ...

Write a program to ask the user to eithernbspselect 1 to

Write a program to ask the user to either Select 1 to print the digits in an integer reversely Select 2 to print the characters in a string reversely using a switch case, your program will either 1- call the recursive ...

An over-supply of available workers and an under-supply of

An over-supply of available workers and an under-supply of qualified talent, legislation requirements of other countries, below average pay, baby boomers aging out of the work force, and small businesses hiring, but only ...

Abc hospital is a small privately owned community hospital

ABC Hospital is a small, privately owned community hospital. It has been struggling to survive financially, as reimbursement rates have declined and consumers are being drawn to the larger state-of-the-art hospital facil ...

Viva pisto a restaurant has received numerous complaints

?Viva Pisto, a restaurant, has received numerous complaints from customers about its slow service and unfriendly waiters. The management of the restaurant needs to address these complaints promptly and ensure that simila ...

Review the below link bias in the media timeline and think

Review the below link Bias in the Media timeline and think about the use of language in the video clips, including diction, word choice and tone. Explore the use of images to impact perception. https://cdn.knightlab.com/ ...

What should be done to maintain optimum stock levels and

What should be done to maintain optimum stock levels and why is it important to keep accurate and up-to-date records of stock?

Americans purchase a lot of coffee grown in brazil and

Americans purchase a lot of coffee grown in Brazil and elsewhere in Latin America. It would seem that in order to avoid the huge transportation costs of bringing coffee here and to provide jobs for Americans, we should g ...

Do you agree with the statement cruel system is the one

Do you agree with the statement: "cruel system is the one that doesn't tell anybody where they stand" (in term of designing competitive organization)

The balanced scoreboard approach has gained popularity in

The balanced scoreboard approach has gained popularity in recent years. What is this approach and how does it integrate strategic and operational control?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert