On January 1, ABC Company has 100,000 outstanding ordinary shares. During the year, ABC reported net income of P 5,000,000. Income tax rate is 30%. In addition, ABC issued on April 1 4,000 P 100 par 10% cumulative preference shares. Each preference share is convertible into 5 ordinary shares. How much is the diluted earnings per share?

Texas Inc. has 9,000 shares of 8%, $125 par value cumulative preferred stock and 87,000 shares of $1 par value common stock outstanding at December 31. What is the annual dividend on the preferred stock? a. $80.00 per share b. $6,960 in total c. $90,000 in total d. $0.01 per share

Dividends Per Share Windborn Company has 20,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends: 20Y1    $30,00020Y2    16,00020Y3    60,000Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'.      Preferred Stock(dividends per share)    Common Stock (dividends per share)20Y1    $fill in the blank 1$fill in the blank 220Y2    $fill in the blank 3$fill in the blank 420Y3    $fill in the blank 5$fill in the blank 6

During the current year, Zenith Corp. generated $250,000 of net income from $4,000,000 of revenue.  Zenith's stock price is $80 per share, with 20,000 shares of stock outstanding, and a book value of equity equal to $1,500,000.  Compute Zenith's Price/Earnings ratio.   Question 50 options:   16.0       6.4   31.3   2.5