answer accounting 2 seventeen questions, please finish in 5 hours

Mar 16th, 2015
Anonymous
Category:
Accounting
Price: $45 USD

Question description

I will give you a website, you finish and save them, the question include:

chapter 14 .LONG-TERM LIABILITIES: BONDS AND NOTES

chapter 16: STATEMENT OF CASH FLOWS

chapter 17: FINANCIAL STATEMENT ANALYSIS

the question like this:

Effect of Financing on Earnings per Share

Miller Co., which produces and sells skiing equipment, is financed as follows:

Bonds payable, 10% (issued at face amount)$2,000,000
Preferred $2 stock, $20 par2,000,000
Common stock, $25 par2,000,000

Income tax is estimated at 40% of income.

Determine the earnings per share on common stock, assuming that the income before bond interest and income tax is (a) $840,000, (b) $1,040,000, and (c) $1,240,000.

Enter answers in dollars and cents, rounding to the nearest cent.

a.  Earnings per share on common stock  $

b.  Earnings per share on common stock  $

c.  Earnings per share on common stock  $


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