Solution-Eps using the same classification

Eps using the same classification

Assignment Help Accounting Basics

Reference no: EM13880531

1.Air France KLM (AF) , a French company, prepares its financial statements according to International Financial Reporting Standards. AF's annual report for the year ended March 31, 2011, which includes financial statements and disclosure notes, is provided with all new textbooks. This material also is included in AF's Registration Document 2010"11, dated June 15, 2011 and is available at www.airfranceklm.com.

Required:
1. What is the amount that AF reports in its income statement for its stock options for the year ended March 31, 2011? [Hint: See Note 28: Share Based Compensation.] Are AF's share options cliff vesting or graded vesting? How does accounting differ between U.S. GAAP and IFRS for graded-vesting plans?
2. What amount(s) of earnings per share did AF report in its income statement for the year ended March 31, 2011? If AF used U.S. GAAP would it have reported EPS using the same classification?

Reference no: EM13880531

Questions Cloud

Write down opec''s net demand curve : OPEC's marginal cost is estimated to be $20 per barrel. Determine OPEC's profit-maximizing output and price. What quantity of oil is supplied by non-OPEC sources? What percentage of the world's total oil supply comes from OPEC?

Prepare journal entries for cook textiles : 1.On January 1, 2013, Cook Textiles leased a building with two acres of land from Peck Development.

Events result in a recordable transaction for the toro co : Do the following events result in a recordable transaction for The Toro Company? Answer yes or no for each. 1. Toro purchased robotic manufacturing equipment that it paid for by signing a note payable. 2. Toro's president purchased stock in another c..

How would this rule apply to the at&t merger with t-mobile : In granting (or prohibiting) proposed acquisitions or mergers in an industry, government regulators consider a number of factors, including the acquisition's effect on concentration, ease of entry into the market, extent of ongoing price competiti..

Eps using the same classification : 1.Air France KLM (AF) , a French company, prepares its financial statements according to International Financial Reporting Standards.

Half price books bought an old laundromat in dallas : Half Price Books is the country's largest family owned new and used bookstore chain. Do the following events result in a record able transaction for Half Price Books? Answer yes or no for each.

Determines the amount recorded as a residual asset : 1.Why does a lessor sometimes record a residual asset in a lease transaction? What determines the amount recorded as a residual asset?

Advantages and disadvantages of using paper packaging : In considering materials for a retail package (one that will be displayed on the shelf in a retail environment), discuss the advantages and disadvantages of using paper packaging and the advantages and disadvantages of using plastic packaging for ..

.a lessee''s earnings are affected : 1.A lessee's earnings are affected by what two amounts (ignoring taxes) in a lease transaction?

User Account

All Pages

Eps using the same classification

Reference no: EM13880531

Reference no: EM13880531

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT