How do you go about leasing raw land in order to get a tax write off? |
| The land is located in Oklahoma, but I live in Texas. So, I am looking to either lease agriculturally or putting a trailer on it. I just want to be able to get a write off for the land.... |
|
Gillette® tested radio-frequency identification (RFID) at only 400 stores and four distribution centers for? |
Gillette® tested radio-frequency identification (RFID) at only 400 stores and four distribution centers for all of these reasons except:
A. To handle the flood of data
B. To study the ... |
|
Do you think I can date Trish Regan or Erin Burnett? |
| I'm just a nobody who is not too smart and not good looking at all. On a scale of 1 to 10, how likely is it that someone like me can date someone like Trish Regan or Erin Burnett at CNBC?... |
|
What is the best way to make money online without getting scamed? |
| I am looking for ways to make money online without the hassle, and the possiblity of being scamed. I heard and saw boges websites those that ask for your credit card number I don't get into them ... |
|
financial problem!!! Need help!!!? |
| Your rich uncle has offered you a choice of one of the following three alternatives: $10,000 now; $2,000 a year for eight years; or $24,000 at the end of eight years. Assuming you could earn 11 ... |
|
What company could be called the most promising developer of OLED technology? |
| OLED screens, have been predicted to really starting blooming in the next 2-3 years, making plasmas and LCDs old technology. Something I've been trying to figure, is what stocks will be ... |
|
Work paid me twice...what would you do? |
So... my work back in March paid me twice and 4 weeks later asked for the money back.
Due to a bank change I did not realize at first I had one lot of pay in one account and another in the ... |
|
solid wood furniture manufaturer,can anyone introduce one for me? |
i'd like to buy some solid wood furniture and i know the price of solid wood furniture which from industry may be cheaper than others, any help? Additional Details introduce some ... |
|
can someone please double check my answer to this question??Cash Dividends on Common Stock? |
| Ludwig Inc. began a very lucrative consulting operation on July 1, 2010. They are authorized to issue 400,000 shares of $3.00 cumulative preferred shares. They are also authorized to issue 500,000 ... |
|
Which business idea should I choose? |
| I am 13. Over the summer, I want to start an online business. I am currently taking a Business Camp at my school. My ultimate goal is to make six or more figures a year, and become Financially I... |
|
What did your parents make you pay for at age sixteen? |
I'm curious because I'm sixteen. I'm a waitress, so I'm making 3.50 an hour with hardly any tips because sometimes the restaurant is empty! I pay for my:
-Clothes
-... |
|
Looking for investors without sacrificing control...? |
| I've got a great business plan that i've run over with my professors, professionals in that field, and its solid. An almost guaranteed success. But... I don't qualify for a small ... |
|
what is a website u can make money on? |
| Im just bored sometimes during the summer and i have done the online survey but those can take forever and get boring. I dont really want a job just i can go onto a website and do stuff and have ... |
|
need help with bank reconciliation? |
Hey guys i just need help answering this question, im having a few problems balancing. i keep being 3000 off balance
any help will be appreciated
After examining the bank ... |
|
Does anyone know where I can buy a cheap punching bag? |
| I love boxing. I was in karate for 3 years and just recently wanted to start boxing. Im a really tough chick and know how to fight. =p but anyways I have really been wanting to get one that hangs ... |
|
|  |

Marie | ACCOUNTING QUESTION HELP PLEASE!!!? |
Folmar Co. is considering the following alternative financing plans:
Issue 10% bonds (at face value) ...........$ 2,000,000
Issue preferred $1 stock, $5 par.............$0.00 (This was blank so im assuming its nothing)
Issue common stock, $5 par................ $ 2,000,000
Income tax is estimated at 40% of income.
Determine the earnings per share on common stock, assuming income before bond interest and income tax is $800,000.
Enter answers in dollars and cents, rounding to the nearest whole cent.
****I am trying to figure out what the earnings per share on common stock is?
Thank you! |
|

EJ (Philippines)
|
Answer:
Income before interest and income tax $800000
Less: Interest ($2000000 * 0.10) 200000
Net income before tax $600000
Less: Income tax ($600000 * 0.40) $240000
Net income $360000
Earnings per share = $360000 / ($2000000 / $5) = $0.90 |
|

| |
|
| |  |
| Questions List |
Answers | Last Post
| | | |
10 | 22 minutes(s) ago
| | | |
10 | 27 minutes(s) ago
| | | |
10 | 42 minutes(s) ago
| | | |
10 | 1 hour(s) ago
| | | |
10 | 6 hour(s) ago
| | | |
10 | 11 hour(s) ago
| | | |
10 | 2 day(s) ago
| | | |
10 | 3 day(s) ago
| | | |
10 | 4 day(s) ago
| | | |
10 | 1 week(s) ago
| |
|