subject
Business, 11.11.2019 19:31 scarletmartinez

Colt corporation purchased massey inc. and agreed to give stockholders of massey inc. 50,000 additional shares in 2020 if massey inc.'s net income in 2019 is $600,000 or more; in 2018 massey inc.'s net income is $615,000. colt has net income for 2018 of $1,500,000 and has an average number of common shares outstanding for 2018 of 500,000 shares. what should colt report as earnings per share for 2018? basic earningsper earnings per share1. $3.$3.002. $2.$2.733. $2.$3.004. $3.$2.73

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 19:50
The common stock and debt of northern sludge are valued at $65 million and $35 million, respectively. investors currently require a return of 15.9% on the common stock and a return of 7.8% on the debt. if northern sludge issues an additional $14 million of common stock and uses this money to retire debt, what happens to the expected return on the stock? assume that the change in capital structure does not affect the interest rate on northern’s debt and that there are no taxes.
Answers: 2
question
Business, 22.06.2019 22:00
Indicate whether each of the following companies is primarily a service, merchandise, or manufacturing business. if you are unfamiliar with the company, use the internet to locate the company's home page or use the finance web site of yahoo. 1. alcoa inc. 2. boeing 3. caterpillar 4. citigroup inc. 5. cvs 6. dow chemical company 7. ebay inc. 8. fedex 9. ford motor company 10. gap inc. 11. h& r block 12. hilton hospitality, inc. 13. procter & gamble 14. suntrust 15. walmart stores, inc.
Answers: 3
question
Business, 22.06.2019 22:00
Consider the labor market for heath care workers. because of the aging population in the united states, the output price for health care services has increased. holding all else equal, what effect does this have on the labor market for health care employees? a. the equilibrium wage increases and the equilibrium quantity of labor increases.b. the equilibrium wage increases and the equilibrium quantity of labor decreases.c. the equilibrium wage decreases and the equilibrium quantity of labor increases.d. the equilibrium wage decreases and the equilibrium quantity of labor decreases.
Answers: 2
question
Business, 22.06.2019 23:30
Decision alternatives should be identified before decision criteria are established. are limited to quantitative solutions are evaluated as a part of the problem definition stage. are best generated by brain-storming.
Answers: 1
You know the right answer?
Colt corporation purchased massey inc. and agreed to give stockholders of massey inc. 50,000 additio...
Questions
question
English, 24.05.2021 22:30
question
Mathematics, 24.05.2021 22:30
question
Mathematics, 24.05.2021 22:30
question
Mathematics, 24.05.2021 22:30
Questions on the website: 13722362