User Account

All Pages

Determine the earnings per share for 2012

Assignment Help Financial Accounting
Reference no: EM13534098

Earnings per share

Financial statement data for years ending December 31 for Jardine Company are shown

below.

2012

2011

Net income

$971,000

$692,000

Preferred dividends

$35,000

$35,000

Average number of common shares outstanding

120,000 shares

90,000 shares

Average number of common shares outstanding 50,000 shares 40,000 shares

a. Determine the earnings per share for 2012 and 2011.

b. Does the change in the earnings per share from 2011 to 2012 indicate a favorable or an unfavorable trend?

Reference no: EM13534098

Questions Cloud

Stock transactions for corporate expansion : Stock transactions for corporate expansion - Journalize the entries to record the foregoing transactions.
Describe key decisions you are responsible : Describe key decisions you are responsible
Explain what is the mole fraction of methanol : Vapor pressure of water at 25 deg C is 24 mmHG and that of pure methanol is 120 mmHG. What is the vapor pressure above the solution of methanol and water at 25 deg C. What is the mole fraction of methanol in the vapor above this solution
Explain enthalpy changes for the reaction : Predict whether the reaction below is product-favored or reactant-favored by calculating delta Gdegree from the entropy and enthalpy changes for the reaction at 25 degrees C, H2(g) + CO2(g) yeilds H2O(g) + CO(g), delta H rxn = 41.17kJ S = 42.08J/K
Determine the earnings per share for 2012 : Determine the earnings per share for 2012 and 2011 and does the change in the earnings per share from 2011 to 2012 indicate a favorable or an unfavorable trend?
Calculate the enthalpy and entropy and free energy : Given the following reaction, calculate the enthalpy, entropy and free energy changes for this reaction at 25 degrees C. Mg(s) + H2O(g) yeilds Mg(OH)2(s) + H2(g)
Determine the standard molar entropy for br : The standard molar entropy for Br2(g) is 245.46j/(mol*K) at 25 degrees Celsius. Given that delta S=104.58J/K for the dissociation of one mole of Br2(g) into Br(g) at 25 degrees, find the standard molar entropy for Br(g) at 25 degrees Celsius.
Evaluate how much energy is given off by the decay : Pu-239 (nuclear mass of 239.0006 amu) decays by alpha emission to U-235 (nuclear mass of 234.9934). Calculate how much energy is given off by the decay of 2.00 mg of Pu-239.
State a net iconic equation for the reaction in solution : Consider formic acid, HCOOH (Ka= 1.9 x 10^-4) and its conjugate base, HCOO^- with a Kb of 5.3 x 10^-11. Write a net iconic equation for the reaction in aqueous solution between HCOOH and NaOHl, and calculate K.

Reviews

Write a Review

Financial Accounting Questions & Answers

  What are your thoughts about these two methods

in the Republican party, Herman Cain, has a flat tax plan called 9/9/9. Rick Perry has his own flat tax plan. He wants to tax all earned income at a mere 20% rate and not tax capital gains, dividends or estates. what are your thoughts about these..

  Kevin pte ltd signs a 5-year non-cancellable lease for a

kevin pte ltd signs a 5-year non-cancellable lease for a piece of equipment with samuelcompany on 1 jan 2012. kevins

  Supported by favorable economic conditions

For advancements in basic science,to translate into improvements in standards of living, they must e supported by favorable economic conditions

  Paula purchased a bakery from gianni fiorithe purchase

paula purchased a bakery from gianni fiori.the purchase agreement included a provison that required paula to pay gianni

  Evaluate the gregson absorption costing gross margin

Evaluate the Gregson absorption costing gross margin and profit and Gregson variable contribution margin and profit?

  Transaction affect additional paid-in capital of company

Popper did not get any of this newly issued stock. Find how would this transaction affect additional paid-in capital of the parent company?

  Prepare the new etching machine an acceptable investment

Prepare the new etching machine an acceptable investment?

  Illustrate what is the apbo at december

The employee is expected to serve the company for a total of twenty-five years with five of those years already served as of January 1, 2006. Illustrate what is the APBO at December 31, 2006?

  Finding present value of winnings

The Caldwell Herald newspaper reported the following story - Frank Ormsby of Caldwell is the states newest millionaire. By choosing the six winning numbers on last weeks state lottery

  Express differences between canadian gaap and ifrs

Analyze your comparator company and explain and evaluate similar adjustments, if any exist. Complete the grid in Exhibit 2 of the solution template for each item.

  Computation of cash flow from financing activities using

computation of cash flow from financing activities using given data.given the following financial statements for acme

  Prepare garfields journal entries for the purchase

The bonds have a year-end fair value of $75,500. Assume effective interest amortization is used

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd