Call Us: +1 (914) 732-4105
Share on facebook
Share on whatsapp
Share on twitter


Education homework help

Santana Corporation has 400,000 shares of common stock outstanding throughout 2015. In addition, the corporation has 5,000, 20-year, 9% bonds issued at par in 2013. Each $1,000 bond is convertible into 20 shares of common stock after 9/23/16. During the year 2015, the corporation earned $750,000 after deducting all expenses. The tax rate was 30%.Compute the proper earnings per share for 2015?

Looking for a Similar Assignment? Our ENL Writers can help. Use the coupon code FIRSTINC to get your first order at 15% off!
Students Love Us
%d bloggers like this: