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NAME Earnings per share, respectively? a. 2,875,000 and 2,925,000 b. 3,000,000 and 3,050,000 Fully diluted earnings (loss) per share of: a. $0.80 b. $1.67 c. $0.80 d. $1.67 e. none Interest expense for the 6 months ended June 30, 1998? a. $8,853 b. $10,000 c. $10,624 d. $12,000 11. The 1992 net income of Slaughter Co. was $200,000 and 100,000 shares of its common stock were outstanding during the entire year. In addition, there were outstanding options to purchase 10,000 shares at $25 per share. The nearest cent is: a. $2.00 b. $1.95 c. $1.89 d. $1.86 e. $1.82. 1,120,000 b. 1,030,000 c. 870,000 d. 780,000 

          NAME
Earnings per share, respectively? a. 2,875,000 and 2,925,000 b. 3,000,000 and 3,050,000
Fully diluted earnings (loss) per share of: a. $0.80 b. $1.67 c. $0.80 d. $1.67 e. none
Interest expense for the 6 months ended June 30, 1998? a. $8,853 b. $10,000 c. $10,624 d. $12,000
11. The 1992 net income of Slaughter Co. was $200,000 and 100,000 shares of its common stock were outstanding during the entire year. In addition, there were outstanding options to purchase 10,000 shares at $25 per share. The nearest cent is: a. $2.00 b. $1.95 c. $1.89 d. $1.86 e. $1.82.
1,120,000 b. 1,030,000 c. 870,000 d. 780,000
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name earnings per sharerespectively a2875000 and 2925000 b3000000 and 3050000 fully diluted earnings loss per share of a80b167 cs80 ds167 enone interest expense for the 6 months ended june 3 35851

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Horngren’s Cost Accounting
Horngren’s Cost Accounting
Srikant M. Datar, Madhav V. Rajan 16th Edition
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NAME Earnings per share, respectively? a. 2,875,000 and 2,925,000 b. 3,000,000 and 3,050,000 Fully diluted earnings (loss) per share of: a. $0.80 b. $1.67 c. $0.80 d. $1.67 e. none Interest expense for the 6 months ended June 30, 1998? a. $8,853 b. $10,000 c. $10,624 d. $12,000 11. The 1992 net income of Slaughter Co. was $200,000 and 100,000 shares of its common stock were outstanding during the entire year. In addition, there were outstanding options to purchase 10,000 shares at $25 per share. The nearest cent is: a. $2.00 b. $1.95 c. $1.89 d. $1.86 e. $1.82. 1,120,000 b. 1,030,000 c. 870,000 d. 780,000
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Transcript

-
00:01 Over here in this question.
00:03 First of all, we need to refer computation which is the computation the outstanding common shares which is $25 ,000 times $31 minus $10 that is $21.
00:51 So, the total would be equal to $525 ,000.
01:10 If we multiply it with the rate of stock dividend that is 100 % then the paid in capital in excess of par common would be equal to $525 ,000.
01:41 Moving forward to calculate the retained earning.
01:46 So, for that on june 30, the retained earning was $330 ,000 and common stock dividend distributable was $2 ,050 ,000.
02:26 And the paid in capital in excess per common we have just calculated it which is equal to $525 ,000...
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