Huang Company presented the following data (yen in thousands). Instructions Compute earnings per share. Net income Preference
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Huang Company presented the following data (yen in thousands).
Instructions Compute earnings per share.
Transcribed Image Text:
Net income Preference shares: 50,000 shares outstanding, 100 par, 8% cumulative, not convertible 2,200,000 5,000,000 Ordinary shares: Shares outstanding 1/1 600,000 Issued for cash, 5/1 300,000 Acquired treasury shares for cash, 8/1 150,000 2-for-1 share split, 10/1
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To compute the earnings per share EPS we need to consider the following factors Net income 2200000 P...View the full answer
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Related Book For
Intermediate Accounting IFRS Edition
ISBN: 9781118443965
2nd Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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