I will give you a website, you finish and save them, the question include:
chapter 14 .LONG-TERM LIABILITIES: BONDS AND NOTES
chapter 16: STATEMENT OF CASH FLOWS
chapter 17: FINANCIAL STATEMENT ANALYSIS
the question like this:
Effect of Financing on Earnings per Share
Miller Co., which produces and sells skiing equipment, is financed as follows:
| Bonds payable, 10% (issued at face amount) | $2,000,000 |
| Preferred $2 stock, $20 par | 2,000,000 |
| Common stock, $25 par | 2,000,000 |
Income tax is estimated at 40% of income.
Determine the earnings per share on common stock, assuming that the income before bond interest and income tax is (a) $840,000, (b) $1,040,000, and (c) $1,240,000.
Enter answers in dollars and cents, rounding to the nearest cent.
a. Earnings per share on common stock $
b. Earnings per share on common stock $
c. Earnings per share on common stock $
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