What earnings per share data should be reported

Assignment Help Accounting Basics
Reference no: EM132597052

Question - Kingbird Company had 187,200 shares of common stock outstanding on December 31, 2018. During the year 2019, the company issued 8,000 shares on May 1 and retired 14,000 shares on October 31. For the year 2019, Kingbird Company reported net income of $265,300 after a loss from discontinued operations of $42,700 (net of tax). What earnings per share data should be reported at the bottom of its income statement?

Reference no: EM132597052

Questions Cloud

Determine the role of stakeholder interests : Determine the role of stakeholder interests, the interrelationship of ethics and social responsibility, and the role of corporate governance in ethics.
Find article about the political issue : Find an article about the political issue selected from both a liberal and conservative news source (not social media).
Find what is total asset cost that hardware should record : Prior to delivery, to prepare for installation of the new machine, What is the total asset cost that Hardware should record for the new machinery?
What amount of impairment loss should gamma report : On August 31, 20X8, What amount of impairment loss (recovery), if any, should Gamma report on its October 31 financial statements?
What earnings per share data should be reported : After a loss from discontinued operations of $42,700 (net of tax). What earnings per share data should be reported at the bottom of its income statement
How provide all journal entries in the books of large mart : How Provide all journal entries that are necessary in the books of Large Mart to account for the purchase and payment of the notebook computer.
Difference between atmospheric-hydrologic and geologic : Write a short summary explaining the difference between atmospheric , hydrologic, geologic, and man made hazards and provide examples of each.
Calculate the variable overhead efficiency variance : There were 270 training programs and consultants spent a total of 4,150 consulting hours to train the clients. Calculate variable overhead efficiency variance
How will you address the recent performance issues : Imagine you work at a company and it is time for an employee named Jim's annual review. While he was a model employee the first nine months of the year.

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