Francis Company has 24,000 shares of common stock outstanding at the beginning of 2019. Francis issued 3,000 additional shares on May 1 and 2,000 additional shares on September 30. It also has two convertible securities outstanding at the end of 2019. These are:
Francis earned net income of $72,500 during 2019. The income tax rate is 30%.
Required:
College Accounting, Chapters 1-27
Financial And Managerial Accounting
Corporate Financial Accounting
Managerial Accounting: The Cornerstone of Business Decision-Making
Financial & Managerial Accounting
Financial Accounting
Accounting Information Systems
ECON: MICRO4 (New, Engaging Titles from 4LTR Press)
Principles of Macroeconomics (MindTap Course List)
Principles of Microeconomics (MindTap Course List)
STATISTICS F/BUSINESS+ECONOMICS-TEXT
Fundamentals of Financial Management (MindTap Course List)
Accounting Information Systems
Principles of Economics (MindTap Course List)
Fundamentals of Financial Management, Concise Edition (MindTap Course List)
Management, Loose-Leaf Version
MKTG 12:STUDENT ED.-TEXT
Essentials of Business Communication (MindTap Course List)
Brief Principles of Macroeconomics (MindTap Course List)
Contemporary Marketing
Essentials of Economics (MindTap Course List)
Foundations of Business (MindTap Course List)
College Accounting (Book Only): A Career Approach
Financial Accounting
Financial & Managerial Accounting
College Accounting (Book Only): A Career Approach
Accounting (Text Only)
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
Pkg Acc Infor Systems MS VISIO CD
Exploring Economics
Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)
Principles of Macroeconomics (MindTap Course List)
Statistics for Business & Economics, Revised (MindTap Course List)
Fundamentals of Financial Management (MindTap Course List)
Corporate Financial Accounting
PAYROLL ACCT.,2019 ED.(LL)-TEXT
Survey of Accounting (Accounting I)
Economics For Today
Economics (MindTap Course List)
Practical Management Science
Macroeconomics
Purchasing and Supply Chain Management
Microeconomics
Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Financial Accounting
Managerial Accounting
MACROECONOMICS FOR TODAY
Macroeconomics: Private and Public Choice (MindTap Course List)
Microeconomics: Private and Public Choice (MindTap Course List)
Understanding Management (MindTap Course List)
Economics: Private and Public Choice (MindTap Course List)