Calculate earnings figure to be used in earnings per share

Assignment Help Financial Accounting
Reference no: EM132702193

Problem 1: Which of the following does not need to be removed from a company's profit in a profit or loss account in order to calculate the earnings figure to be used in the earnings per share calculation?

a. Profit attributable to the Non-controlling interest

b. An error in expenses discovered after the financial statements have been authorized for issue

c. Irredeemable preference share dividends

d. Redeemable preference share dividends

Reference no: EM132702193

Questions Cloud

What are some prime reasons why people like to travel : What are some prime reasons why people like to travel? How can travel and tourism organizations bank on the fact that people like to travel?
Which of the supports the view : Many commentators believe that the trend of earnings per share (EPS) is a more reliable indicator, Which of the following supports this view?
What are three main points greg makes in the video : Greg Murdock shared his story with the Truth and Reconciliation Commission. He wants people to know and understand what happened. He also wants to show it is.
What is the beps for year ended december for s ltd : S Ltd had profits attributable to ordinary equity holders of N$2M for the year ended 31 December 2019. What is the BEPS for year ended 31 December 2019?
Calculate earnings figure to be used in earnings per share : Which does not need to be removed from a company's profit in a profit or loss account in order to calculate earnings figure to be used in the earnings per share
Establish and maintain business relationships : Explain the strategies you would use to establish and maintain business relationships
What is the beps for the year ended december : On 1 April 2019 the company made a 2 for 1 rights issue at a price of N$1.40. What is the BEPS for the year ended 31 December 2019?
Discuss the importance of recruitment : Discuss the importance of recruitment and outline two external and two internal methods of recruitment. Use examples to further explain your answer.
What is the diluted earnings per share figure to be disclose : What is the Diluted Earnings per share figure to be disclosed in Coral Ltd's financial statements for the year ended 30 September 2019

Reviews

Write a Review

Financial Accounting Questions & Answers

  Part of the journal entry-company debited bonds payable

On 6/30/12, a company recorded a journal entry for the coupon payment on its bond. As part of the journal entry, the company debited bonds payable.

  Scf-indirect method-post-balance-sheet events

The following are Sullivan Corp.'s comparative balance sheet accounts at December 31, 2014 and 2013, with a column showing the increase (decrease) from 2013 to 2014.

  What is the value of the work-in-process inventory

Roswell Refiners restarted operations on September 1 after a 3 month shutdown. There were no beginning inventories. Compute cost of goods sold for September. What is the value of the work-in-process inventory on September 30?

  What is the change in net working capital

The following values of current assets and current liabilities are given for the company. If the company does the project, what is the change in net working capital

  Compute their federal income tax

A married couple ling jointly have a combined total adjusted gross income of $75,000. They have computed that their allowable itemized deductions are $4,000. Compute their federal income tax.

  Prepare journal entry to record their issuance by national

National Orthopedics Co. issued 8% bonds, dated January 1, with a face amount of $700,000 on January 1, 2016. The bonds mature on December 31, 2019 (4 years). For bonds of similar risk and maturity the market yield was 10%. Prepare the journal entry ..

  Would the difference in location lead to problems

Assume that two companies that operate walk-in clinics, Would the difference in location lead to problems in a comparative analysis?

  Show the impact of the january transactions

Show the impact (increase or decrease) of the January transactions on the beginning balances, and total all columns to show that assets equal liabilities

  How do get the annual cost

How do get the annual cost?Dr. Dr. Jones is interested in expanding his practice by adding a piece of radiology equipment.The basic cost of the equipment

  Return on investment and residual income currently

The Western Division of Claremont Company had net operating income of $154,000 and average invested assets of $563,000. Claremont has a required rate of return of 14.75 percent. Compute Western Division’s return on investment and residual income curr..

  Prepare and process the financial and business documents

FNSACC301 – Process Financial Transactions and Extract Financial Reports - prepare and process the financial and business documents of Brightspring Traders

  Why did the parent entity have to prepare consolidated

Why did the parent entity have to prepare consolidated financial statements when the subsidiary company is a separate legal entity in its own right?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd