This financial information is available for Klinger Hardware. The weighted-average number of ordinary shares outstanding was 180,000
Question:
This financial information is available for Klinger Hardware.
The weighted-average number of ordinary shares outstanding was 180,000 for 2019 and 150,000 for 2020.
Instructions
Calculate earnings per share and return on ordinary shareholders’ equity for 2020 and 2019.
2019 2020 Average ordinary shareholders' equity Dividends paid to ordinary shareholders Dividends paid to preference shareholders Net income Market price of ordinary shares £1,900,000 £1,800,000 90,000 70,000 20,000 20,000 191,000 200,000 20 25
Step by Step Answer:
Earnings per share Return on ord...View the full answer
Accounting Principles
ISBN: 978-1119419617
IFRS global edition
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
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The Dupont analysis is an expanded return on equity formula, calculated by multiplying the net profit margin by the asset turnover by the equity multiplier. The DuPont analysis is also known as the DuPont identity or DuPont model.This Video will guide on how to calculate return on Equity and estimate profitability of shareholders using DuPont Analysis.
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