The following information is available for Compendum Corporation. Current assets Total assets Current liabilities Total liabilities...
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The following information is available for Compendum Corporation. Current assets Total assets Current liabilities Total liabilities Net income Common share dividends Preferred share dividends Weighted average number of common shares Earnings per share $ 2020 Earnings per share 2020 $48,000 $33,000 ✓by 256,000 211,000 2019 22,000 69,000 108,000 42,850 90,800 3,300 11,000 60,000 31,000 Calculate the earnings per share for 2020 and 2019 for Compendum. (Round answers to 2 decimal places, e.g. 7.25.) 1.500 7,700 37,000 Comment on the changes. (Round answer to O decimal places, e.g. 15%.) 2019 % during 2020. The following information is available for Compendum Corporation. Current assets Total assets Current liabilities Total liabilities Net income Common share dividends Preferred share dividends Weighted average number of common shares Earnings per share $ 2020 Earnings per share 2020 $48,000 $33,000 ✓by 256,000 211,000 2019 22,000 69,000 108,000 42,850 90,800 3,300 11,000 60,000 31,000 Calculate the earnings per share for 2020 and 2019 for Compendum. (Round answers to 2 decimal places, e.g. 7.25.) 1.500 7,700 37,000 Comment on the changes. (Round answer to O decimal places, e.g. 15%.) 2019 % during 2020.
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Ans 1 Formulas 1 Earnings available to common shareholders Net Income Dividends on Preference ... View the full answer
Related Book For
Accounting Tools for Business Decision Making
ISBN: 978-1118096895
6th edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
Posted Date:
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