What are the eps for the year ended december

Assignment Help Accounting Basics
Reference no: EM132687055

In the year ended 31 December 2019, there were 9,900,000 ordinary shares in issue and the earnings per share was calculated as $0.335 per share. In the year ended 31 December 2020, the earnings available for ordinary shareholders amounted to $5,000,000. The company made a one for five rights issue on 30 June 2020 at a price of $1.00 and the cum rights price on the last day before the rights was $2.50.

Problem 1: What are the EPS for the year ended 31 December 2020 and the restated EPS for the year ended 31 December 2019?

Reference no: EM132687055

Questions Cloud

Find net annual benefit if collection agent offer accepted : ABC Company has an average monthly cash receipt in the amount of Php3,300,000. Determine the net annual benefit if the collection agent's offer is accepted.
Why is s study important to patients and the community : Why is this study important to YOUR nursing practice or personal life? Why is this study important to patients, families, and the community?
Current share price-marshall electronic gadgetry : The required return is 9 percent and the company just paid a $3.80 annual dividend. What is the current share price?
What is the direct materials cost variance : Young Company produces a product that requires five standard pounds per unit. What is the direct materials cost variance
What are the eps for the year ended december : In the year ended 31 December 2019, What are the EPS for the year ended 31 December 2020 and the restated EPS for the year ended 31 December 2019?
Describe what resources are needed for your solution : Post a description of some of the proposed action steps for implementing improved practice, and explain where potential challenges might compromise your.
Calculate the quarterly revenue growth ratios for tesla : Calculate the Quarterly Revenue Growth and Price Earnings Ratio (P/E) and Return on Equity and Quarterly Earnings Growth for TESLA or NETFLIX
What is the direct materials price variance : If 2,500 units required 10,600 gallons, which were purchased at $23.75 per gallon, what is the direct materials (a) price variance
What are the alternatives available to the auditor : Discuss the circumstances where an Auditor could request the financial statements to be adjusted by the client. In your discussion consider

Reviews

Write a Review

Accounting Basics Questions & Answers

  What effect does lowering the estimate for doubtful accounts

Anton Blair is the manager of a medium-size company. What effect does lowering the estimate for doubtful accounts have on the income statement and balance sheet

  The sole proprietor of a trampoline shop

Unimproved land adjacent to the store was condemned by the city on February 1. The condemnation proceeds were $25,000. The land, acquired in 1984, had an allocable basis of $40,000. Larry has additional parking across the street and plans to use t..

  What will happen to the company operating income

What will happen to the company's operating income if the diet line is discontinued? The company's operating income will increase

  Journalize the transactions and the closing entries

Journalize the transactions and the closing entries for net income and dividends. Complete a stockholders' equity section at December 31

  What was lehighton total operating income across both years

What was Lehighton's total operating income across both years under absorption costing and under variable costing

  June 10 sold obsolete store equipment for 630 cash the

june 10 sold obsolete store equipment for 630 cash. the equipment originally cost 2105 and depreciation to march 31 of

  Garcia corporation purchased a truck by issuing an 142400

garcia corporation purchased a truck by issuing an 142400 5-year zero-interest-bearing note to equinox inc. the market

  What do you think is the responsibility of the accountant

Do you believe the role of accountant has changed much in recent years? Why or why not?

  Calculate net loss

Cougar's Accounting Services provides low-cost tax advice and preparation to those with financial need. Calculate net loss

  Problem - Classifying Types of Adjustments

Problem - Classifying Types of Adjustments - Classify the following items as (a) prepaid expense, (b) unearned revenue, (c) accrued revenue, (d) accrued expese

  Prepare the journal entry to record the notes payable

Prepare the journal entry to record the notes payable, the adjusting entry required at December 31, and final payment at the maturity date

  Calculate the pretax and after-tax hpr on jill investment

Jill Clark invested $25,000 in the bonds of Industrial Aromatics, Inc. She held them for 13 months, at the end of which she sold them for $26,746.

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