The following financial information is available for Plummer SA. The weighted-average number of ordinary shares outstanding was
Question:
The following financial information is available for Plummer SA.
The weighted-average number of ordinary shares outstanding was 80,000 for 2019 and 100,000 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 €1,200,000 50,000 20,000 290,000 €900,000 30,000 20,000 200,000 15 20
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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