Except for the earnings per share statistics, the 2015, 2014, and 2013 income statements of Aecon Group
Question:
Required
1. Calculate the 11 missing amounts.
2. Calculate the weighted-average number of common shares outstanding during
a. 2013
b. 2014
c. 2015.
3. Rounding calculations to two decimal places, prepare the earnings per share income statement presentations for
a. 2013
b. 2014
c. 2015.
Analysis Component: Income from continuing operations increased from 2014 to 2015 yet there was a decrease in the earnings per share calculated for this amount for the same years.Explain.
Transcribed Image Text:
2015 2014 2013 Sales. Costs and expenses.. income from continuing operations Gain (loss) on discontinued operations.(107,325)80,410 Net income (loss)... 998,900 $687,040 $466,855 ?309,435 7 5532,950 $153,244 323,570 Information on Common Shares Shares outstanding on December 31, 201228,800 Purchase and retirement of shares on March 1, 2013. Sale of shares on June 1, 2013 Share dividend of 5% on August 1, 2013 Shares outstanding on December 31, 2013. -2,880 12,480 + 5,760 - 1,440 Purchase and retirement of shares on july 1, 2014. Shares outstanding on December 31, 2014 Sale of shares on March 1, 2015..16,560 Purchase and retirement of shares on September 1, 2015. Share split of 3:1 on October 1, 2015 Shares outstanding on December 31, 2015... ... 3,600
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Related Book For
Fundamental Accounting Principles Volume II
ISBN: 978-1259066511
14th Canadian Edition
Authors: Larson Kermit, Jensen Tilly
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