(Answered) Junk bonds inc began operations jan 1 2014 the following

Finance

JUNK BONDS Inc. began operations Jan. 1, 2014. The following events related to common shares took place on the indicated dates during 2014.

Jan. 1 Issued 25,000 common shares

Apr. 1 Purchased 4,000 treasury shares

May 1 Split the common shares 4-for-1

Aug. 1 Issued 20,000 common shares

Dec. 1 Issued a 25% stock dividend

Assuming no potentially dilutive securities, what is the weighted average shares for EPS in 2014? (Do not round intermediate calculations. Round your final answer to nearest whole number.)

View complete question

Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92746929
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Basic Finance

1 brandon has partial amnesia and forgot how much he

1.) Brandon has partial amnesia and forgot how much he borrowed. He does remember that he borrowed the money 21 months ago and that the interest rate was 5% per annum. The last letter from the bank simply stated he owed ...

Is there a way to protect and secured the file with a

Is there a way to protect and secured the file with a password, checked compatibility, and removed inappropriate information on Powerpoint?

What is a budget variance analysis and why is this type of

What is a budget variance analysis and Why is this type of analysis key to determining the strengths and weaknesses of a business?

You currently have 120000 in a bond account and 500000 in a

You currently have $120,000 in a bond account and $500,000 in a stock account. You plan to add $5,000 per year at the end of each of the next 10 years to your bond account. The stock account will earn a return of 10.5 pe ...

Abc company sells 4034 chairs a year at an average price

ABC Company sells 4034 chairs a year at an average price per chair of $195. The carrying cost per unit is $29.85. The company orders 415 chairs at a time and has a fixed order cost of $92 per order. The chairs are sold o ...

You need 5000 to buy a new stereo for your car if you have

You need $5,000 to buy a new stereo for your car. If you have $1,500 to invest at 6% compounded annually, how long will you have to wait to buy the stereo? All work and formulas leading up to the answer have to be shown

A using an hp 12c calculator what are the correct steps to

a) Using an hp 12c calculator, what are the correct steps to calculate IRR entered as monthly payments and if summed up for a year? b) Using an hp 12c calculator, what is the best way to calculate effective interest rate ...

Bob millers long-term financial goal is to retire

Bob Miller's long-term financial goal is to retire comfortably in 23 years at age 65. You have conducted a robust risk profile analysis on him and have determined that he is an aggressive investor. Miller insisted on all ...

Squash delight inc has the following balance

Squash Delight Inc. has the following balance sheet: Assets Cash $ 45,000 Accounts receivable 295,000 Fixed assets 772,000 Total assets $ 1,112,000 Liabilities Accounts payable $ 296,000 ...

Suppose that todays stock price is 3236 if the required

Suppose that today's stock price is $32.36. If the required rate on equity is 21.7% and the growth rate is 9.1%, compute the expected dividend (i.e. compute D1) Note: Enter your answer rounded off to two decimal points. ...

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 Basic Finance Expert