Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Alps Ltd has a net income after tax of $1 500 000 for the year ended 30 June 2019. At the beginning of the period Alps Ltd has 900 000 fully paid-up ordinary shares on issue. On 1 December 2018 Alps Ltd had issued a further 300 000 fully paid-up ordinary shares at an issue price of $2.00. On 1 March 2019 Alps Ltd made a one-for-six bonus issue of ordinary shares out of retained earnings. The last sale price of an ordinary share before the bonus issue was $2.50. At the beginning of the current period Alps Ltd also had 500 000, $1.00, 8% cumulative preference shares on issue. The dividends on the preference shares are not treated as expenses in the statement of comprehensive income. The basic earnings per share for the period ended 30 June 2018 was $1.50 per share.
Required -
a) Calculate the basic EPS amount for 2019 and provide the adjusted comparative EPS for 2018.
b) Explain what is diluted EPS. Give one example of a security that can dilute the basic EPS.
Discontinuing furniture will reduce the utilities by $800. If the Furniture division is eliminated, what will be effect on the overall profit for Diamond
What items of profit does the company report? From the notes to the accounts, briefly describe the company's policy on revenue recognition.
For each cost category, compute equivalent units in the assembly department. Show physical units in the first column of your schedule.
Venco Corporation's December 31, 2010 balance sheet showed following:Common stock, $10 par value, 1,000,000 shares authorized; Venco's total paid-in capital was
Complete the consolidated statements workpaper on the next page for Pruin Corporation and Satto Corporation for December 31, 2017
Ron served as a resident advisor in a dormitory and, therefore, the university waived the $2,500 charge for the room he occupied. What is Ron's adjusted gross income for 2010?
Briefly anlyze whether the company's first month of operations was a success. Explore the company's decision to distribute a dividend.
Prepare all the required entries. Assume the investment is short-term - A company purchases 1,000 shares of stock at $12 per share. It sells 100 shares
Suppose instead that you could produce one more (the fifth) widget at a marginal cost of $20. If you do produce that fifth widget, what will your average total cost be? Has your average total cost increased or decreased? Why?
In your own words, no plagiarism, provide a 200-300 word explanation for the questions involved in the following business financial statement scenario.
If DF sells three Masoline for each Aldernite, how much would production and contribution margin increase if the molding department could buy 9,000 more pounds.
Explain how each of the following posting errors affects a trial balance.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd