question archive On January 1, 2018, Bow Tie Company had 13,000 shares of common stock outstanding and 5,000 shares of 6%, $100 par, cumulative preferred stock outstanding
On January 1, 2018, Bow Tie Company had 13,000 shares of common stock outstanding and 5,000 shares of 6%, $100 par, cumulative preferred stock outstanding
Subject:AccountingPrice: Bought3
On January 1, 2018, Bow Tie Company had 13,000 shares of common stock outstanding and 5,000 shares of 6%, $100 par, cumulative preferred stock outstanding. It also had stock options giving key personnel the option to buy 7,000 common shares at $30 each. Net income for 2018 was $41,000. The income tax rate is 40%. During 2018, the average market price of the common shares was $40. Compute the 2018 diluted earnings per share for Bow Tie Company: $1.83 $2.78 $0.75 $4.81 be here to search O
