test 1 acct3312 answers - 1.186273 options 00 25 80000...

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CV Cash Interest Amort $24,161,240 1875000 $1,932,899.20 $57,899.20 $24,219,139.20 1875000 $1,937,531.14 $62,531.14 $24,281,670.34 1875000 $1,942,533.63 $67,533.63 $24,349,203.96 $650,796.04 1875000 $1,947,936.32 $72,936.32 $24,422,140.28 1875000 $1,953,771.22 $78,771.22 $24,500,911.50 Cash $24,161,240 Discount $838,760 Bonds Payable 25000000 Interest Expense $1,937,531.14 Discount $62,531.14 Cash 1875000 Loss $1,150,796.04 Bonds Payable 25000000 Discount $650,796.04 Cash 25500000 Treasury Stock 24000 Cash 24000 Cash 2520 Contributed Capital - TS 120 Treasury Stock 2400 Cash 2240 Contributed Capital - TS 120 RE 40 Treasury Stock 2400 250000 5000 CS 16000 40000 8 Excess of Par-CS 2560 RE 640 Treasury Stock 19200 Basic EPS= (Net Income - PS dividend Claims) / Weighted Average # of shares CS 280000 0 232833.33333333 1.2025769506 basic 200000 0.4166666667 1.1 91666.67 220000 0.5 1.1 121000 242000 0.0833333333 1 20166.67 232833.3 Basic EPS= (Net Income - PS dividend Claims) / Weighted Average # of shares CS 280000 0 232833.33333333 3200
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Unformatted text preview: 1.186273 options 16000 20 320000 25 80000 12800 3200 3200 Bonds =(Interest Expense X (1-tax rate))/# of shares CS if converted 15000 0.7 15000 10500 15000 0.7 = (Net Income - PS dividend Claims) / Weighted Average # of shares CS 10500 280000 0 232833.33333333 3200 15000 290500 251033.33333333 1.1572168371 Basic EPS= (Net Income - PS dividend Claims) / Weighted Average # of shares CS 800000 192000 4.166667 65000 0.25 3 48750 61000 0.4166666667 3 76250 67000 0.1666666667 3 33500 201000 0.1666666667 1 33500 192000 Options 30000 35 1050000 55 19090.90909091 10909.09090909 = (Net Income - PS dividend Claims) / Weighted Average # of shares CS 800000 192000 10909 3.942654 Bonds =(Interest Expense X (1-tax rate))/# of shares CS if converted 2700 0.6 2250 1620 2250 0.72 = (Net Income - PS dividend Claims) / Weighted Average # of shares CS 1620 800000 2250 192000 10909 801620 205159 3.907311...
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This note was uploaded on 03/27/2012 for the course ACCT 3312 taught by Professor Staff during the Spring '08 term at Texas A&M University, Corpus Christi.

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