Prepare the income statement and find the eps

Assignment Help Accounting Basics
Reference no: EM133017612

Question - Following information is available in respect of Som Dut Bearings Ltd.:

Profit Volume Ratio (PV Ratio) 40%

Operating Leverage 1.5

Financial Leverage 1.421

Interest Liability Rs.8,000

Tax rate 30%

No. of equity shares 10,000

Required - Prepare the income statement and find the EPS.

Reference no: EM133017612

Questions Cloud

Dynamics of global marketplace : Technology is required to change at a rapid pace due to the dynamics of a global marketplace.
What is the weighted average cost of capital : Delta Lighting has 19,300 shares of common stock outstanding at a market price of $20 a share. What is the weighted average cost of capital
What is the production volume variance : Heinrich Corporation budgeted fixed manufacturing costs of $6,000 during 2017. What is the production volume variance
Positive attitude at work help professionally : How will you make sure to bring a positive attitude to the office every day? How will having a positive attitude at work help you professionally?
Prepare the income statement and find the eps : Following information is available in respect of Som Dut Bearings Ltd.: Financial Leverage 1.421. Prepare the income statement and find the EPS
Prepare journal entries to record transactions : You are the Financial Accountant of ABC Ltd which is a small manufacturing company. Prepare journal entries to record the following transactions
Major natural disaster area : Select a major organization that was located with a major natural disaster area, such as the Hurricane Katrina disaster area.
Corporate integrity agreement : Novartis did absolutely violate its Corporate Integrity Agreement.
UI Developer Task-Issue : Describe the solution or initiative that you developed to address the gap how did you develop this solution?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

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