Consider the following information for Bethany Corporation: Revenues = $250 million Cost excluding...
80.2K
Verified Solution
Question
Accounting
Consider the following information for Bethany Corporation:
Revenues = $250 million
Cost excluding depreciation = $70 million
Depreciation = $30 million
Interest Expense = $15 million
Tax rate=21%
Preferred Dividends= $1 million
Common Dividends = $2 million.
The company has 7 million common stocks outstanding, and 1 million stock options that are likely to be exercised, each with a strike price of $10. The current stock price is $20. The company increased its receivables by $3 million and its payables by $5 million.
- Bethanys EPS for the year is____
- Bethanys diluted EPS is______.
- Bethanys change to cash-flow from operations for the year is________.
- Bethanys retained earnings of the company is ________.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.