User Account

All Pages

What amount should be reported as basic earnings per share

Assignment Help Accounting Basics
Reference no: EM132772276

Problem 1: On January 1, 2020, Marshall Company had 320,000 ordinary shares and 160,000 4% ?100 par value cumulative preference shares outstanding. No dividends were declared on either the preference or ordinary shares in 2019 or 2020. On February 10, 2021, prior to the issuance of the financial statements for the year ended December 31, 2020, the entity declared a 100% share split on ordinary shares. Net income for 2020 was ?12,000,000. What amount should be reported as basic earnings per share?

Reference no: EM132772276

Questions Cloud

How much cash are available to b : How much cash are we talking about? How much cash are available to B, the bank, C and his friend? What did you observe from the case?
Determine the net present value of project : Determine the net present value of Project 1 over a five-year life, with residual value, assuming a minimum rate of return of 12%
Explain the key psychosexual stage concepts : Provide a summary of the following key psychosexual stage concepts: stage, age, focus of libido, development, and adult fixation. Provide an example.
Determine the internal rate of return for this project : A project is estimated to cost $208,175 and provide annual net cash flows of $55,000 for six years. Determine the internal rate of return for this project
What amount should be reported as basic earnings per share : The entity declared a 100% share split on ordinary shares. Net income for 2020 was ?12,000,000. What amount should be reported as basic earnings per share?
Determine the net present value of the project : A project has estimated annual net cash flows of $50,000 for seven years and is estimated to cost $240,000. Determine the net present value of the project
Provide a formal definition for each of the revenue items : Provide a formal definition for each of the Revenue items and comment as to the extent to which contemporary accounting is vulnerable to manipulation.
Were the participants randomly assigned to condition : Were the participants randomly assigned to condition? Was evidence found to support or refute the hypothesis? Describe, in your own words, the results.
Diverse skills and mindset of ethical hacker : Given the rich and diverse skills and mindset of an ethical hacker (technical, administrative, and physical measures),

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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