Reference no: EM133021733
Question - Beach Ltd has a net income after tax of $1,000,000 for the year ended 30 June 2023.
At the beginning of the period, Beach Ltd has 900,000 fully paid-up ordinary shares on issue.
On 1 December 2022, Beach Ltd had issued a further 300,000 fully paid-up ordinary shares.
At the beginning of the current period, Beach Ltd also had 500,000, $1.00, 5% cumulative preference shares on issue. The dividends on the preference shares are not treated as expenses in the statement of comprehensive income.
The 500,000 cumulative preference shares can be converted into 250 000 ordinary shares at the option of the preference shareholders.
Required -
(a) Compute the basic earnings per share amount for 2023 (rounded to 2 decimals).
(b) Decide whether the preference shares are dilutive or not by showing your working.
|
Features of american political system promote fragmentation
: What features of the American political system promote fragmentation, lack of coordination, and inconsistencies in the policy-making process? In your view, how
|
|
Compute the exact rate of interest earned
: The first payment will be made 6 months after the date the mortgage is signed. Using a financial calculator, compute the exact rate of interest earned
|
|
What is the country opportunity cost
: For a given unit of labor, a country can produce either 578 laptop computers or 552 mobile phones. What is the country opportunity cost
|
|
Would it be a good idea to form a holding company
: -Would it be a good idea to form a holding company? What advantages could a holding company bring to your bank? What are the potential disadvantages?
|
|
Compute the basic earnings per share amount
: At the beginning of the period, Beach Ltd has 900,000 fully paid-up ordinary shares on issue. Compute the basic earnings per share amount
|
|
Example of an ethical or unethical business today
: Please provide an example of an ethical or unethical business today (such as Bank of America, Capital One, Dunkin Donuts, etc) and why you believe it is ethical
|
|
Positive aspects of strategic leadership
: -Choose a CEO of a prominent firm that you believe exemplifies the positive aspects of strategic leadership.
|
|
Identify the responsible person for each?operational step
: A project plan is based on research and organizational goals.?To see?an exemplar project plan, review the Project Plan Example.
|
|
Determine the balances in the accounts receivable
: Recovery of bad debts previously written off as uncollectible 24,000. Determine the balances in the Accounts receivable and Allowance for doubtful accounts
|