ints) During 2018, Falwell Inc. had 500,000 shares of common stock and 50,000 shares of 6% cumulative preferred stock outstanding. The preferred stock has a par value of $100 per share. Falwell did not declare or pay any dividends during 2018.Falwell's net income for the year ended December 31, 2018, was $2.5 million. The income tax rate is 40%. Falwell granted 10,000 stock options to its executives on January 1 of this year. Each option gives its holder the right to buy 20 shares of common stock at an exercise price of $29 per share. The options vest after one year. The market price of the common stock averaged $30 per share during 2018.What is Falwell's basic earnings per share for 2018, rounded to the nearest c

Answers

Answer 1

Answer: $4.34

Explanation:

The net income for diluted earnings per share will be calculated as:

Net income: $2,500,000

Less: preferred dividend: $300,000

= $2,200,000

To calculate the number of shares goes thus:

Total shares of stock options = 10,000 × 20 = 200,000 shares

Proceeds = 200,000 × $29

= $580,000

Shares of treasury stock will be:

= $580,000/$30

= 193,333 shares

Net shares added will be:

= 200000 - 193333

= 6667

Tge total shares for the diluted earnings per share will now be:

= 500,000 + 6667

= 506,667

The diluted earnings per share:

= $2,200,000/506667

= $4.34


Related Questions

Why did the Indians crossed the Americans boarder

Answers

because many of them, well in most cross the border into the United States for better opportunities, or because of risky causes in their home country, can vary the reason why they cross

A swot analysis plays an important role in the marketing plan

Answers

Yes, a SWOT analysis does play an important role in the marketing plan

A member of the House of Representatives would have to serve two terms to equal one term of the President.
O True
O False

Answers

True true true true true true


48. What is the economic process or activity of producing goods and
services? *
O A. Entrepreneurship
B. Factors of production
O C. Production
D. Scarcity

Answers

Answer:

O C. Production

Explanation:

Production is the organized activity of combining different materials (inputs) to make consumable goods and services. It is the process of converting resources to finished products and services for sale. Production occurs to meet the demand for the goods and services in the market.

Entrepreneurship involves the generation of an idea and transforming it into a profitable business. Factors of production are the inputs necessary for making goods and services. These factors of production (inputs) are the ingredients in the production process.

Jonathan is a photographer. He has been hired by a company to shoot an advertisement for their product. Which role does Jonathan play in the advertising process for the product?
Jonathan plays the role of a
in the advertising process for the product.
who ever gets this right will be brainlist and 10 points

Answers

Answer: vendor

Explanation: right on Plato

Answer:vendor

Explanation:

The City of Mayville had total fund balance in its General Fund of $200,000 on December 31, 2019. The City of Maysville's General Fund balance sheet for its December 31, 2019 year end shows inventory of $28,000 and prepaid rent of $10,000. The City also had $60,000 of outstanding encumbrances in its General Fund at year-end. In December 2019, a grantor provided the City with $42,000 that must be used to pay musicians who perform in the City's series of summer concerts in the park during 2020. How much should the city report as nonspendable fund balance in its General Fund on December 31, 2019?

Answers

Answer:

$38,000

Explanation:

Based on the information given we were told that the City General Fund balance sheet for the month of December 31, 2019 shows that inventory had the amount of $28,000 while prepaid rent has the amount of $10,000 which means that the amount of money that city will report as NOSPENDABLE fund balance in their general fund on December 31,2019 will be $38,000 calculated as ($28,000+$10,000).

6. Describe at least three things a bank would consider about you when deciding whether to give you a loan. (1-3 sentences. 3.0 points)

Answers

Explanation:

Your Credit History

Your Ability To Pay The Loan

Your Cash Flow History

Role of national government in preserving marketplace competition:
consumer
regulator
catalyst
entrepreneur

Answers

The answer is regulator

explain the working mechanism of syringe with clear diagram​

Answers

Pressure is used to operate a syringe. It is usually fitted with a hypodermic needle, nozzle, or tubing to help direct the flow into and out of the barrel. Plastic and disposable syringes are often used to administer medications.

Pressure is used to operate a syringe. It is usually fitted with a hypodermic needle, nozzle, or tubing to help direct the flow into and out of the barrel.

What is a syringe?

A syringe is a simple reciprocating pump that consists of a plunger that fits snugly inside a cylindrical tube known as a barrel. The plunger can be pulled and pushed along the inside of the tube, allowing the syringe to take in and expel liquid or gas through a discharge orifice at the tube's front end.

A syringe is a type of pump that consists of a sliding plunger that fits tightly inside a tube. Pulling and pushing the plunger inside the precise cylindrical tube, or barrel, allows the syringe to draw in or expel a liquid or gas through an orifice at the open end of the tube. Medication is frequently administered using plastic and disposable syringes.

Therefore, the working mechanism of syringe is explained with clear diagram.

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Explain two problems that Walmart might have in the future if it opens its own stores in India.

Answers

Answer:

Employee and labor relations. Walmart has faced issues with its employees involving low wages, poor working conditions and inadequate health care. Approximately 70% of its employees will leave in an year

Explanation:

What are the activities that should take place during the performing stage

Answers

Answer:

In the performing stage, the role of the mentor shifts from managing group dynamics to focusing on helping members grow and develop in positive ways. Mentors can turn their attention to identifying individuals' strengths and weaknesses, and helping mentees step out of their comfort zones.

Explanation:

Here's the revenue and expenses for the month. Calculate whether Mia had a profit or loss.
MAY ACCOUNTS
REVENUE
FIXED EXPENSES
VARIABLE EXPENSES
CARD PURCHASE $300
DOG FOOD
CAT FOOD
PET TREATS
PET SUPPLIES
$3,650
$2,850
$1,650
$1,800
RENT
$2,000
SALARIES
$2,000
UTILITIES
$1,000
PRODUCT STOCK $4,000
TOTAL
$9,950
TOTAL
$9,000
TOTAL
$300
ENTER MIA'S TOTAL PROFIT/LOSS FOR THE MONTH IN THE BOX BELOW, THEN CLICK SUBMIT.
$1 X
SUBMIT

Answers

Answer:none

Explanation:

Answer:

Explanation: The answer is 650

Primetime Incorporated is a retailer of sporting gear. It sells 500 pairs of a specific Nike sneaker each day. Nike, the supplier, takes a week (7 days) to deliver the order. For what quantity should the inventory manager place his/her next order?​

Answers

Answer:

3500 units

Explanation:

The quantity at which the Primetime inventory manager places his/her next order is the reorder point.

The reorder point is the minimum quantity of inventory that a business should have in its store.

The reorder point is calculated using the formula below.

(Average daily unit sales x delivery lead time) + safety stock

For Primetime, safety stock is not mentioned

reorder point =500 units x 7 days

=3500 units

You received a great money-saving credit card offer in the mail complete with a rewards program. You read on further to find that the one dollar for every mile spent may not be such a great offer after all since getting a $500.00 airline ticket only happens after you acquire 25,000 miles or spend $25,000. This is a ________ schedule.a) variable-intervalCorrect Responseb) fixed-ratioc) fixed-intervald) variable-ratio

Answers

Answer:

Option b (fixed-ratio) seems to be the right approach.

Explanation:

A fixed-ratio method throughout operant conditioning seems to be a reinforcement program where even a statement or reply is repeated after only a given number of comments. Fundamentally, a certain number of answers are given by the participant, and afterward the teaching context a prize.

The other approaches offered do not apply to the context of this discussion. So, the right choice is b possibility.

what is some ways to help people ?

Answers

By making a homeless shelter or just giving someone a compliment

Year to date, Company Y had earned a 10.8 percent return. During the same time period, Company R earned 12.20 percent and Company C earned −1.56 percent. If you have a portfolio made up of 45 percent Y, 35 percent R, and 20 percent C, what is your portfolio return?

Answers

Answer:

8.82%

Explanation:

The computation of the portfolio return is shown below:

Portfolio return = Respective returns ×Respective weights

= (10.8 × 0.45) + (12.2 × 0.35) + (-1.56 × 0.20)

= 8.82%

Hence, the portfolio return is 8.82%

We simply applied the above formula so that the portfolio return could come

And, the same is to be considered

Domestic producers of semiconductors send a lobbyist to the U.S. government to request that the government impose trade restrictions on imports of semiconductors. The lobbyist claims that producers in other countries receive subsidies to export semiconductors and that domestic suppliers can’t compete in the international marketplace.

Answers

Answer:

TRUE

Explanation:

The producers of ball bearings in the United States of America used the infant industry argument, which is an economic rationale for trade protectionism to argue their case before the Federal Government. They asked the US government to impose certain trade restrictions on the importations of ball bearings.

The lobbyist who represented the domestic producers rightly claimed that the ball-bearing industry in the country was still at the infancy stage and would not be able to compete with foreign companies.  

They opined that when the restriction is made, the indigenous ball-bearing industry would grow and be able to compete in the global market .

Harmon recently quit his job that he had worked at for the past 10 years in
order to start his own business, a company that specializes in pet care
services. He has a lot of good ideas, but doesn't have a firm business plan. A
month after starting his new company, he applied for a loan at a bank so that
he could buy a new office space. Which of the following is likely to be true in
this situation?
A. The bank will not care about the lack of business plan because
he's only been in business for a month.
B. The bank will be slow to lend to him because of how long he was
at his previous job.
C. The bank might be slow to lend to him because of the lack of a
firm business plan.
D. Harmon only needs to show the bank his record of income from
his old job, not his new business.

Answers

The correct option is C. The bank might be slow to lend to him because of the lack of a firm business plan is likely to be true in this situation because It is challenging for banks to innovate and begin using data other than credit scores to assess risk because of tougher rules.

What are the common reasons encountered for rejecting a loan?

The most frequent causes of denial are a low credit score or poor credit history, a high debt-to-income ratio, a history of unstable employment, an income that is too low for the desired loan amount, or the absence of crucial documents or information in your application.

Banks have become more cautious about the level of risk in their investment portfolio in the wake of the recession due to increasing government regulations. Because they are fundamentally riskier than huge organizations, banks are reluctant to lend to small enterprises.

Thus, Since banks don't use as much data as alternative lenders do, it is considerably more difficult to obtain a business loan from them if you have bad credit.

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Select the examples that best demonstrate likely tasks for Energy Distribution workers Check all that apply. Harry oversees the flow of energy through large neighborhood networks. Sabrina supervises workers at an oil refinery. Hortencia drives a company van to job sites. Dan designs equipment for harvesting geothermal energy Renee uses equipment to start and stop energy flow in a customer's home. Benjamin follows state and local building codes when installing electrical systems.​

Answers

sorry i that im late

Its   3, 5 & 6

Answer:

C, E, F. (correct edge2020)

c. Hortencia drives a company van to job sites.

e. Renee uses equipment to start and stop energy flow in a customer’s home.

f. Benjamin follows state and local building codes when installing electrical systems.

Explanation:

This is because some common Energy Distribution tasks are:

-using equipment to start and stop energy flow, and connecting systems to energy sources.

-following state and local building codes (rules and standards for buildings and structures).

-driving or traveling to job sites.

What is the difference between a partner and a limited (silent) partner?

Answers

Answer:

see below

Explanation:

In a partnership business with general and limited partners, the general partners act as business owners, while the limited partners behave like investors. Limited partners are silent partners. They inject capital in the business and get to share in its profits. Limited partners are not engaged in managing the business affairs and have no voting rights. They have limited liability to the debts of the partnership.

General partners make all the business decisions on behalf of the business. They vote and have the right to get involved in managing the partnership. General partners have unlimited liabilities to the obligations of the partnership.

If the company uses the horizontal linkage model, how can the software development department expect to do its work? Check all that apply.

(a)-Software development employees will receive customer feedback about whether the products are helpful to students.

(b)- Software development employees will have opportunities to tell the research and marketing departments if a new product idea cannot be brought to market in a timely or cost-effective manner.

(c)-Instead of getting orders from the top management about what products to make, based on what the research department recommends, software development employees will participate on teams that collect data and make decisions.

(d)-The software development department will not have contact with people and ideas outside the organization, such as educational think tanks and open source app developers.

Answers

Answer:

A)Software development employees will receive customer feedback about whether the products are helpful to students.

B)Software development employees will have opportunities to tell the research and marketing departments if a new product idea cannot be brought to market in a timely or cost-effective manner.

C)Instead of getting orders from the top management about what products to make, based on what the research department recommends, software development employees will participate on teams that collect data and make decisions.

Explanation:

Horizontal linkage model, gives room to departments in an organization to have relationship in working out new product such as commercial products.horizontal linkage model gives room for a good relationship between worker/employee within a particular organization.

If the company uses the horizontal linkage model, the software development department are expected to do its work by taking actions such as;

✓Receiving feedback from customers about how helpful the product is to the consumer of it.

✓ the relationship the model create will allow the software development employees to communicate with research and marketing departments

if new product ideals cannot be brought to market in a timely or cost-effective manner.

✓development employees will

have a team parformance, to collect data and make decisions.

What does this word Otorhinolaryngologist mean?

Answers

Answer:

A medical specialty concerned especially with the ear, nose, and throat and related parts of the head and neck : otolaryngology All antihistamines have at least some drying effects, called anticholinergic properties.

Explanation:

Which of the following options is NOT an element of fiscal policy?

a
Business investment
b
Government spending
c
Taxes

Answers

Answer:

Business investment

Explanation:

Fiscal policy refers to the government's strategies on spending and taxation to influence economic conditions. By adjusting its spending and taxes, a government sways the aggregate demand in the country. The government applies fiscal policy in the following circumstances.

Stimulate economic recovery and growth in times of recession.Keep the inflationary pressures under control to maintain the inflation rate at the desired level.Ensure the steady growth of the economy. The government aims at avoiding a sudden boom and bust in the economy, which causes unstable market prices.

Explain two reasons why the team experienced the storming stage

Answers

Answer:

Every newly-formed team experiences the storming stage because of the usual conflicts that arise after the formation stage.  Naturally, different personalities make up a team.  When the personalities clash, conflict is experienced.  

Another reason for the storming stage is the competition that new team members exert on the team, especially with regard to team leadership and bonding.

Explanation:

The storming stage is the second and most important stage of team development.  It is marked by conflict and competition as individual personalities emerge.  The stage makes or mars the team development process.  After this stage, the team can then experience the three remaining stages of  norming, performing, and adjourning.

what course requirements must be completed to earn a bachelors degree at most four-year colleges?

Answers

Answer:

120 semester credits or around 40 college courses but if the college does not use quarter system but use a semester system minimum of 180 quarter credits to earn the bachelors degree

explain the history of the country’s economy of cuba

Answers

Answer:

The economy of Cuba is a largely planned economy dominated by state-run enterprises.The country's economy had grown rapidly in the early part of the century, However, from 1996, the State started to impose income taxes on self-employed Cubans.

Explanation:

Which function is used to add a range of cells

Answers

Explanation:

You can use AutoSum to quickly sum a range of numbers in a column or row

If the coupon interest rate is 4.375% for the first six months and changes to a rate equal to the 10-year Treasury bond rate plus 1.3% thereafter, the bond is called afloating-rate bond. The contract that describes the terms of a borrowing arrangement between a firm that sells a bond issue and the investors who purchase the bonds is called the . When are issuers more likely to call an outstanding bond issue? When interest rates are lower than they were when the bonds were issued When interest rates are higher than they were when the bonds were issued.

Answers

Answer:

If the coupon interest rate is 4.375% for the first six months and changes to a rate equal to the 10-year Treasury bond rate plus 1.3% thereafter, the bond is called a floating-rate bond.

True

The contract that describes the terms of a borrowing arrangement between a firm that sells a bond issue and the investors who purchase the bonds is called the INDENTURE.

When are issuers more likely to call an outstanding bond issue?

When interest rates are lower than they were when the bonds were issued

A bond is basically corporate debt, a lot of IUOs. Imagine that you need money to buy something and since you are in a rush you use your credit card that charges a 15% interest rate. Lets say you spent $5,000, and 15% of that is $750. After things settle down and you are not in a rush anymore, you realize that there are other lending options. So you go to your bank and find out that you can get a 2 year loan at a 6% interest rate. Any reasonable person would get the loan and pay the credit balance in order to save interest charges.

The same happens to corporations that borrow money, but if the interest rate decreases, they will be willing to refinance the old loan that charges a high interest rate with a new loan that charges a lower interest rate.

Steven is a senior in high school. His father, Jeff, is a successful businessman. The two are very close and talk openly about things, including money and investments. Jeff decides to change his investments, and he puts one-fourth of his money in a steadily growing company, one-fourth in a rapidly growing company, one-fourth in a single company that has paid good dividends, and one-fourth in a company based overseas. When he tells Steven, he is shocked that Steven is worried. Is Steven right to be worried? Why or why not?

Answers

Answer:

No, Stephen should not be worried.

Explanation:

What Jeff has done is known as diversification.

Diversification is an investment strategy of spreading one's capital in different categories of assets.  Practicing diversification means investing in many classes of assets as opposed to focusing on one particular asset.

By diversifying, Steven's father is safeguarding against heavy losses should the market behave against expectation. If one has focused on only one class of assets, if the market moves against forecast, he will suffer heavy losses. If he has diversified, some classes of assets will make profits and other losses. Diversification is, therefore, a risk mitigation tool that guards against total capital loss. Steven should be happy instead of getting worried.

S&p enterprises has provided data from the first three months of the year. the controller has asked you to prepare the cash budget and the related schedules for expected cash collections and payments to suppliers. use the information included in the excel simulation and the excel functions described below to complete the task

Answers

Answer:

$34,600

Explanation:

Month : January ; February ; March

Cash Sales : 1600 ; 3750 ; 5100

Sales on Account : 25,000 ; 30,000 ; 40,000

Total Sales : 26,600 ; 33,750 ; 45,100

Account Receivable collections are:

Month of Sale : 15%

Month Following Sale : 60%

Second Month Following Sale : 22%

Uncollectables : 3%

Cash Collections:

January $5,500

February $18,000

March $6,000

Total Cash Collections March is $34,600

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