Question: A fair value measure under IFRS 13 is based on which view of fair value? O unbiased view shareholder view O market participant view O



A fair value measure under IFRS 13 is based on which view of fair value? O unbiased view shareholder view O market participant view O fair value view Rudolph Corporation reports the following information: Net income Dividends on common shares Dividends on preferred shares Weighted average common shares outstanding $900,000 $252,000 $ 90,000 300,000 Rudolph should report earnings per share of O $3.00. O $1.86. O $2.70. O $2.16. The following information was extracted from the accounts of Tomato Corporation at December 31, 2020 Total reported income since incorporation Total cash dividends paid Cumulative effect of changes in accounting principle Total stock dividends distributed Correction of an error, recorded January 1, 2020 CR (DR) $1,540,000 (550,000) (154,000) (330,000) 84,700 What should be the balance of retained earnings at December 31, 2020? $590,700 O $550,000 O $506,000 $465,300 Corporation shows the following information: Net cash provided by operating activities: Net cash used by investing activities: Net cash provided by financing activities: Cash balance at the beginning of the period: $100,000 $(50,000) $10,000 $30,000 The cash balance at the end of the period is: O $60,000 0 $90,000 nil. O $190,000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
