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Problem - For the year ending 30/06/2017 XYZ Company Ltd. Reports net profit after tax of Tk. 4,000,000. At the beginning of the year, the company had 1,600,000 fully paid ordinary shares. It also had 20,000 Tk. 100, 12 percent, cumulative preference shares outstanding. On 01/09/2016, the company issued another 400,000 fully paid ordinary shares by way of a rights issue. The right provided an additional share for each five held, and required the payment of Tk. 20. The last cum rights share price was Tk. 25. Moreover the company had Tk. 3,000,000 9% convertible bond. Each Tk. 1,000 bond is convertible into 20 shares of ordinary shares. Suppose the corporate tax rate is 40% for the year. Compute the Diluted Earnings Per Share (EPS) for 2017 as per the IAS 33.
Evaluate and discuss the political, economic, and technological trends of the emerging market. Remember to discuss any financial actions that have been taken.
The service cost component for 2011 is $150,000 and the amortization of prior service cost is $240,000. Prepare the journal entry to record pension expense
lifeline corp. is evaluating a project with the following cash flows year cash flow 0 - 16800 1 7900 2 9100 3 8700 4
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Journalize period payroll - Federal withholding for the period totaled $59,400. Provide the journal entry for the period's payroll
Why would businesses choose to combine? Identify a combined group of companies and explain the reasons for the business combination
Kings County, Prepare journal entries needed to report the county's OPEB liability in its December 31, 2019 statement of net position
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