1. What is the number of shares to be used in computing basic earnings per share 2. What is the number of shares to be used in computing diluted earnings per share, respectively?

Q: a. Compute diluted earnings per share for 2025. (Round answer to 2 decimal places, e.g. 2.55.)…

A: To compute diluted earnings per share (EPS) for 2025, we'll use the treasury stock method for both…

Q: Arco, INC. issued $500,000 of 4%, 10 year convertible bonds at 102 on July 1, 2012. On July 1, 2017,…

A: In this problem, we are asked to pass a journal entry to record the conversion of the bonds issued…

Q: On January 1, 2025, Sheridan Company issued 10-year, $1,920,000 face value, 6% bonds, at par. Each…

A: Diluted earnings per share The earnings per share which is computed on the basis of convertible…

Q: James Company has outstanding 3,000, $1,000 bonds. Each bond is convertible into 50 shares of $12…

A: A journal entry is used to record a business inside the organization's monetary records. The main…

Q: Bonita Industries, has 4230000 shares of common stock outstanding on December 31, 2020. An…

A: Since Bonita issued 19000, $1,000 face value, 8% convertible bonds each will be converted  into 20…

Q: 2. Diluted earnings per share. On April 1, 2021, River Company issued P2,000,000 12% bonds at face…

A: Earnings per share are of two types  1. Basic Earnings per Share is calculated by dividing net…

Q: 3. Western World Inc. issues $50,000,000 of convertible bonds with each $1,000 bond convertible into…

A: Bonds payable is a type of instrument where by an amount is borrowed for a fixed period with fixed…

Q: On January 1, 2021, Starlight Company converted $150,000 bonds into 90,000 shares of $1 par value…

A: The bonds are the financial instruments used by the business to raise money from the investors of…

Q: On April 1, 2021, Austere Corporation issued $320,000 of 14% bonds at 108. Each $1000 bond was sold…

A: To calculate the amount of proceeds from the bond issue that should be recorded as an increase in…

Q: - preferred stock outs cumulative or conver dividends of $300,000 eholders, respectivel-

A: No. of Shares convertible from bonds = (2,000,000/1,000)*5…

Q: 1. Determine the value to be assigned to the bonds and the warrants and prepare the journal entry to…

A:

Q: capital: stock Warrants саpta štočk issuance? $22,039.62 $24,000.00 $20,950.59 $21,000.00

A: Step 1 A bond is a fixed income instrument that represents a loan made by an investor to a borrower.

Q: Karen Company showed the following accounts on December 31, 2020. Bonds payable…

A: A bond refers to a debt instrument that is issued by the corporation in order to raise funds. The…

Q: at December 31, 2020, Proof Company had 450 000 shares of ordinary shares outstanding. On September…

A: The question is related to the Earning per Share. Diluted earningz per share is calculated with the…

Q: January 15 - It issued 1,300 treasury shares for P40 each. February 1 - Sold 180, P1,000, 9% bonds…

A: Computation of ending balance of the Ordinary Share Capital account: Opening Balance as of 1st…

Q: information below pertains to Sage Company for 2021. Net income for the year   $1,210,000 7%…

A: Diluted earnings per share: It is the calculation of earning per share after adjusting exercise…

Q: On January 1, 2018 Orion Company Limited had 7,00,000 shares to continue its business. On April 1,…

A: Formula for Basic EPS =  Formula for Diluted EPS =

Q: Fortuner Company had 200,000 ordinary shares outstanding on January 1, 2021. On January 1, 2021, the…

A: Basic Earnings per Share- Total earnings-      5000000 Weighted Avg number of shares- 240000 Basic…

Q: Sunland Company, has 4170000 shares of common stock outstanding on December 31, 2020. An additional…

A:

Q: On May 1, 2014, Payne Co. issued $900,000 of 7% bonds at 102, which are due on April 30, 2024.…

A: Issued Price of Bonds ($900000 * 102%) $9,18,000 Number of bonds issued ($900000 / $1000) 900…

Q: On January 1, 2016, Cooper Corporation issued $800,000 of 12.5% bonds due January 1, 2023, at 102.…

A: Bond might be issued at the discount or premium with the attached warrant to it and warrant holder…

Q: ABC Inc. has 3,600,000 ordinary shares outstanding on December 31, 2019. An additional 800,000…

A: The question is multiple choice question. Required  Choose the Correct Option.

Q: During all of 2018 Dawson Manufacturing Company had 950,000 shares of common stock outstanding. On…

A: Diluted Earning per share (DEPS) means computation of the company's earning per share in a situation…

Q: Clear Water Corp. issued $100,000 of 7% 5 year convertible bonds on January 1, 2015. The bonds were…

A: Calculation of Premium on the bonds issued: Total value of bonds Issued: $1,00,000. Issue Price each…

Q: a. Compute diluted earnings per share for 2025. (Round answer to 2 decimal places, e.g. 2.55.)…

A: Diluted Earnings Per Share (EPS) accounts for potential share dilution from convertible securities…

Q: Blossom Corporation has outstanding 2,000 of $1,000 bonds, each convertible into 70 shares of $10…

A: Journal entry is the first stage of the accounting process.Journal entry is used to record business…

Q: On May 1, 2014, Payne Co. issued $900,000 of 7% bonds at 102, which are due on April 30, 2024.…

A: No of warrants=900*20 =18000

Q: On December 1, 2021, Bramble Corp.issued 680 of its 8%, $1.000 bonds at 104. Attached to each bond…

A: Compound financial instruments are instruments with both debt and equity component. Therefore, the…