Reference no: EM132937225
On January 1, 2020, Sunland Ltd. had 498,000 common shares outstanding. During 2020, it had the following transactions that affected the common share account:
Feb. 1 Issued 177,000 shares.
Mar. 1 Issued a 19% stock dividend.
May 1 Acquired 192,000 common shares and retired them.
June 1 Issued a 2-for-1 stock split.
Oct. 1 Issued 74,000 shares.
The company's year end is December 31.
Problem 1. Assume that Sunland earned net income of $3,494,000 during 2020. In addition, it had 110,000 of 8%, $100 par, non-convertible, non-cumulative preferred shares outstanding for the entire year. Because of liquidity limitations, however, the company did not declare and pay a preferred dividend in 2020. Assume that net income included a loss from discontinued operations of $431,000, net of applicable income taxes.
Calculate earnings per share for 2020.
|
What contribution margin per unit is needed on the remaining
: Charity Hospital, a not-for -profit, What contribution margin per unit is needed on the remaining 4,500 discharges in order to reach the target profit?
|
|
What means for hr recruitment departments
: Delineate the various ways in which the face of recruitment has changed and explain what this means for HR recruitment departments.
|
|
Avoidance between the usa and jamaica in globe
: What is the difference in uncertainty avoidance between the USA and Jamaica in globe?
|
|
Reflection page of organisation behaviour
: Reflection page of Organisation behaviour on topic personality and experience what is organisation behaviour is and how it is related to personality and theory
|
|
How do calculate earnings per share for sunland ltd
: Assume that Sunland earned net income of $3,494,000 during 2020. In addition, it had 110,000 of 8%, Calculate earnings per share for 2020.
|
|
Compare and contrast three spine deformities
: Compare and contrast three spine deformities. List at least three diagnostic procedures used specifically for determining bone disorders?
|
|
Calculate the net present value of the project
: The initial cost of the project is £50 million. The risk-free rate is 10%. Calculate the Net Present Value of the project
|
|
Calculate earnings per share using the weighted average
: Assume that Sunland earned net income of $3,494,000. Calculate earnings per share for 2020, using the weighted average number of shares determined above.
|
|
Calculate earnings per share for sunland ltd
: Calculate earnings per share for 2020, using the weighted average number of shares determined. Assume that Sunland earned net income of $3,494,000 during 2020.
|