Ott Company had 210,000 ordinary shares outstanding on December 31, 2010. During the year 2011, the company
Question:
Instructions
What earnings per share data should be reported at the bottom of its income statement?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
Event Dates Outstanding Shares Outstanding Fraction of Year Weighted Shares Beginning balance ...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Intermediate Accounting
ISBN: 978-0470616314
IFRS edition volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
Question Posted:
Students also viewed these Accounting questions
-
Ott Company had 210,000 ordinary shares outstanding on December 31, 2019. During the year 2020, the company issued 8,000 shares on May 1 and retired 14,000 shares on October 31. For the year 2020,...
-
The following transactions took place during the year 2011 for Mia Inc. 1. Convertible bonds payable with a carrying amount of $300,000 along with conversion rights of $9,000 were exchanged for...
-
For the current year, a firm reported net income from operations of $20,000 on its income statement and an increase of $30,000 in cash from operations on the statement of cash flows. Explain some...
-
The study of the new CPMP Mathematics methodology described in Exercise 57 also tested students' abilities to solve word problems. This table shows how the CPMP and traditional groups performed. (The...
-
Using nodal analysis, find vo and io in the circuit of Fig. 3.79. Figure 3.79 120 V 40 , 20 100 V
-
Ms. Aquina has just had a biopsy on a possibly cancerous tumor. Notwanting to spoil a weekend family event, she does not want to hear any bad news in the next few days. But if she tells the doctor to...
-
Help for Insomniacs A recent study shows that just one session of cognitive behavioral therapy can help people with insomnia. In the study, forty people who had been diagnosed with insomnia were...
-
The following tasks are completed by the auditor while observing the physical inventory. For each task, state which assertion(s) is tested by the task: (1) existence or occurrence, (2) completeness,...
-
A picture is printed on an 7-17"-by-7" piece of photographic paper and placed symmetrically in a frame whose opening is 7" by 6". What are the dimensions of the strips on the sides of the picture...
-
Show that an owner of P. V. Ltd. in Example would not care whether P. V. Ltd. paid any dividend at the end of year 1. State precisely why this is the case.
-
On January 1, 2010, Chang Corp. had 480,000 ordinary shares outstanding. During 2010, it had the following transactions that affected the ordinary share account. February...
-
Huang Company presented the following data (000). Net income ................................................................2,200,000 Preference shares: 50,000 shares outstanding, 100 par, 8%...
-
The following sketch illustrates three processes: ab, bc, and ac. Assuming constant specific heats, sketch these three processes on a TS diagram. Assume that the working substance is an ideal gas. PA...
-
Kubin Company s relevant range of production is 2 8 , 0 0 0 to 3 1 , 5 0 0 units. When it produces and sells 2 9 , 7 5 0 units, its average costs per unit are as follows: Average Cost per Unit Direct...
-
On April 1 , Newcastle Corporation had 7 , 5 0 0 units of work in process. During April, 1 4 , 8 0 0 units were completed and as of April 3 0 , 5 , 2 9 0 units remained in production. How many units...
-
A company has an account payable to a U . S . company, a supplier of inventory, in the amount of US$ 1 7 0 , 0 0 0 . The payable was incurred when the exchange rate was US$ 1 = Cdn$ 0 . 7 9 . At year...
-
How would I make this program run without the use of an array class /********************************************************************************************** *Description: CatchThief is a...
-
Consider a duopoly with firms A and B , which engage in price competition ( Bertrand ) . Both firms offer homogenous products. Total costs are given by CA ( q ) = 1 0 q for firm A and by CB ( q...
-
Use the Direct Comparison Test to determine whether the infinite series is convergent. 00 n! n=1 n
-
Using Apple, demonstrate how the differentiation strategy can be well implemented.
-
Neal contracts to sell five laser printers to Willow. Under either a shipment or a destination contract, Neal must give Willow a. the documents necessary to obtain the goods. b. appropriate notice...
-
What factors must be considered by the actuary in measuring the amount of pension benefits under a defined benefit plan?
-
Explain how cash-basis accounting for pension plans differs from accrual-basis accounting for pension plans. Why is cash-basis accounting generally considered unacceptable for pension plan accounting?
-
What is service cost, and what is the basis of its measurement?
-
It is anticipated that Jack Security will continue to generate $300 in cash flow in the near future. Jack's cost of equity capital is thirty percent, and the company is fully financed by equity. The...
-
A thin coil at the origin of the coordinate system has 1 0 0 turns, radius 1 . 4 cm and current 2 A . the magnetic field due to the coil at points on a circle in the xy plane with radius...
-
Image transcription text Problem 1: Consider the figure below. A block of weight "W? slides on a horizontal surface with a coefficient of Coulomb friction =f". It is attached on its left face to a...
Study smarter with the SolutionInn App