The Simonson Corp.provides the Following Data for 2014

question 32

Essay

The Simonson Corp.provides the following data for 2014:

The net income for 2014 is $2,300,000.The Simonson's tax rate is 30 percent.No conversions or options were exercised during 2014.
(1)Compute basic earnings per share.
(2)Compute diluted earnings per share.

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Definitions:

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability.

Negative Reinforcement

Negative reinforcement is a behavioral psychology concept where the removal of an unfavorable stimulus strengthens a particular desired behavior.

Law of Effect

A principle stating that behaviors followed by favorable consequences become more likely, and behaviors followed by unfavorable consequences become less likely.

Respondent Behavior

A type of reaction to certain stimuli that is automatic or reflexive, not under voluntary control, typically conditioned through association.