Calculate the earnings per share

Reference no: EM132663821

Question - The management of Globe Travel (Pty) Ltd extracted the following information from the accounting records for the financial year ending 30 June 2020:

Depreciation R25 000

Administration expense R220 000

Sales R3 450 000

Sales expenses R180 000

Cost of goods sold R2 550 000

Lease expense R40 000

Interest expense R30 000

Dividends on preference shares R35 000

Dividends per ordinary share R0.50

Number of ordinary shares in issue 900 000

Tax rate 28%

Required - Use the information provided to calculate the earnings per share (EPS) and the net profit margin. Show all calculations.

Reference no: EM132663821

Questions Cloud

What mark average days in inventory is : What Mark average days in inventory is? Mark corporation reported the following amount for the year, cost of goods sold - 138,000

Calculate the selling price implied by the lease : Calculate the selling price implied by the lease and show a table summarizing the lease receipts and interest revenue earned by the lessor for sales-type lease

Solve the sum of carrying cost and the shortage cost : Solve the sum of carrying cost and the shortage cost. XYZ is a retailer and sells 198,000 units per year. It purchases from a single supplier.

How the company inventory turnover ratio equals : How the company inventory turnover ratio equals.A company's sales equal $60,000 and cost of goods sold equals $20,000. Its beginning inventory was $1,600

Calculate the earnings per share : Required - Use the information provided to calculate the earnings per share (EPS) and the net profit margin. Show all calculations

Compute what is the cost of goods sold for julia company : Compute What is the cost of goods sold for Julia Company assuming it uses LIFO? The following information pertains to Julia and Company

Compute the cost of goods sold for the current year : Road Warrior Corporation began operations early in the current year, building luxury motor homes. Compute the cost of goods sold for the current year

What kinds of discounts exist in a merchandizing business : Merchandizers are those in the business of buying, What kinds of discounts exist in a merchandizing business and what purpose do they serve in a business?

Compare company performance against prior year performance : Compare the company's performance against the prior year performance. Merveille Investments has completed 2020 financial year which ran from the 1 September

User Account

All Pages