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!
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:
Question a) Calculate the basic EPS amount for 2019 and provide the adjusted comparative EPS for 2018.
Question b) Explain what is diluted EPS. Give one example of a security that can dilute the basic EPS.
The company's accounts receivable payment history is as follows: 30% in the month of sale, What are the expected receipts from accounts receivable
santa fe company purchased merchandise for resale from mesa company with an invoice price of 19700 and credit terms of
Conrad received a $9,000 cash distribution with respect to his Sterling stock. Compute Conrad's basis in his Sterling stock on January 1
Assume Carrie Corporation uses the effective interest rate method for amortizing bond premiums and discounts. What is the carrying value of bonds at maturity
Enderle Sound, Inc. internal control weaknesses.
Analyze and discuss the costs and benefits, if there are any, of corporations taking social responsibilities and making such disclosure in the context of efficiency and opportunistic perspectives of PAT.
KShop has resulted in information overload among staff. What operational measures would you suggest to overcome such challenges?
clorox net sales in fiscal 2003 were more than 4 billion and were double the 1997 level and these operations produced
What is the difference between a "Revenue Center" and a "Profit Center"? Discuss the Differences Between Responsibility Centers and Decentralization. What other reasons are there to indicate decentralization is a better way of doing business?
Wynn Sheet Metal reported an operating loss of $184,000 for financial reporting and tax purposes in 2016. The enacted tax rate is 40%.
However, it was considered likely that interest would continue to be paid, based on the $1,105,800 loan. Determine the loss on impairment
The authorities replace his property with other qualified property which cost them $120,000. What is Ben's recognized gain
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