Reference no: EM133096776
Question - The following are information extracted from the financial report of CovLon Ltd. whose current year-end is 31 December 2020: On the 1 January 2020, there were 1,000,000 ordinary shares and 55,000 preference shares with each convertible into 3 ordinary shares in issue. Additional 150,000 ordinary shares were issued on 1 July 2020. The company reported earnings of £51 0,000 and declared £50,000 as dividends to its ordinary shares and £60,000 on the preference shares for the year ending 31 December 2020.
Required -
1. What is the basic earnings per share of the company?
2. How many ordinary shares would be in issue if the preference shares were to be considered converted?
3. What is the diluted earnings per share of the company?
4. If the shares issued were on January 1, how many ordinary shares would be in issue if the preference shares were to be considered converted?
5. If the shares issued were on january 1, what would be the company's basic earnings per share?
|
What the depreciation expense of the machine to be recorded
: The company purchased a machine on January 1, 2020 for $10,000. What the depreciation expense of the machine to be recorded on December 31, 2020
|
|
Describe experience with an older person
: Aging is inevitable. However, global, and national trends show that people live longer with differences in gender, race, and geographic location. Aging affects
|
|
Outline what are orientation programs
: Outline what are orientation programs and why are they necessary?
|
|
Group cohesiveness and effectiveness
: The Vancouver International Airport, located in Richmond, British Columbia, is Canada's second-busiest airport, serving over 25.9 million passengers in 2018. It
|
|
What is the basic earnings per share of the company
: The company reported earnings of £51 0,000 and declared £50,000 as dividends to its ordinary shares. What is the basic earnings per share of the company
|
|
Characterization of generation z
: Do you believe that students/employees should be rewarded for making an effort even if their performance indicates failure? Why or why not?
|
|
Step in the capital decision-making process
: What is the first step in the capital decision-making process? Explain
|
|
What can managers do to help energize
: What is motivation, and what can managers do to help energize and sustain motivation?
|
|
What is organizational culture
: What is organizational culture? How can managers influence the ethical nature of a firm's culture?
|