Business License Expense Misc Expense Depreciation Expense Insurance Expense

Business license expense misc expense depreciation

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Business License Expense Misc. Expense Depreciation Expense Insurance Expense Advertising Expense Interest Expense Telephone Expense Pension Expense Retired Employees Health Ins. Patent Amortization Total Operating Expenses: Operating Income Income Taxes Deferred tax Expense Total Tax Expense Net Income
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Unrealized Gain/(Loss) on Marketable Securities Held for Sale Comprehensive Income
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Peyton Approved Statement of Retained Earnings For Year Ended 12/31/20XX Beginning Balance: plus Comprehensive Income less Dividends: Preferred Common Ending Balance 0
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Peyton Approved Balance Sheet As of December 31, 20XX Assets Current Assets: Cash Accounts Marketable Securities Wages P Accounts Receivable Interest P Baking Supplies Current P Merchandise Inventory Income ta Prepaid Rent Accrued Prepaid Insurance Accrued Misc. Supplies Lease Lia Continge Deferred Total Current Assets Long Term/Fixed Assets: Bonds Pa Land Building Baking Equipment Accumulated Depreciation Net Fixed assets Patent Net of Amortization Preferred 5,000 Common author Retained Total Assets:
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Liabilities and Owners' Equity Current Liabilities: s Payable Payable Payable Portion of Bonds Payable axes currently payable Pension Liability Employees Health Insurance ability ent Liability - Lawsuit Tax Liability Total Current Liabilities Long Term Liabilities: ayable 10%, 20 year Total Long Term Liabilities: Total Liabilities: d Stock - (10,000 authorized, issued, 10%, $100 par value) n Stock - (2,000,000 shares rized, 1,750,000 issued, $1 par) d Earnings Total Equity Total Liabilities & Equity HOME
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Peyton Approved Earnings per Share For Year Ended 12/31/20XX Net Income Less: Preferred Dividends Earnings Available to Common Shareholders Common Shares Outstanding Basic EPS If all preferred shares are converted: Net Income Additional Common Shares Common Shares Outstanding after conversion EPS if preferred shares converted Preferred shares are antidilutive If all bonds are converted: Net Income Less: Preferred Dividends Add back interest on bonds, net of income tax Earnings Available to Common Shareholders Additional Common Shares Common Shares Outstanding after conversion Fully diluted EPS Peyton plans to raise $1,000,000 million of additional capital for the coming yea that it will enable them to earn an additional $600,000 after tax. What would be t earnings per share if the raise the $1,000,000 by: a) issuing 10,000 share of 10% $100 par value convertible preferred st can be coverted into 10 shares of Peyton common stock? b) issuing $1,000,000 of 8% convertible bond, each $1,000 bond can b 5 shares of Peyton common stock? c) $500,000 of each of the above? Net Income Less: Preferred Dividends Earnings Available to Common Shareholders
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Common Shares Outstanding Basic EPS a If all preferred shares are converted: Net Income Additional Common Shares Common Shares Outstanding after conversion EPS if preferred shares converted Preferred shares are antidilutive b If all bonds are converted: Net Income Less: Preferred Dividends Add back interest on bonds, net of income tax Earnings Available to Common Shareholders Additional Common Shares Common Shares Outstanding after conversion
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ar. They anticipate the impact on tock, where share be converted into? HOME
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  • Fall '15
  • Balance Sheet, Generally Accepted Accounting Principles, Peyton

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