Company had 300,000 Ordinary Shares outstanding on 1 January 2020. The following ordinary share transactions occurred during
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Question:
1. What is the Weighted Average Number of Ordinary Shares used in the computaton of Earnings Per Share for 2020?
2. What the total Number of Ordinary Shares at the end of 2020?
3. Assume that the company had Income From Continuing Operations of $7,200,000 and a Loss from Discontinued Operations (after Tax) of $1,200,000 for 2020. Ordinary dividends declared and paid for 2020 were $2,650,000 while Preference Diviends declared and paid for 2020 were $2,400,000. What is Earnings Per Share (rounded to two decimal places) for 2020?
Related Book For
Intermediate Accounting IFRS
ISBN: 9781119607519
4th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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