Oriole Ltd . reported net income of $ 7 4 0 , 0 0 0 for the
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Oriole Ltd reported net income of $ for the year ended July During the year, the company also declared and paid dividends of $ on the companys preferred shares. At the beginning of the year, Oriole had common shares outstanding. No shares were issued or repurchased during the year.
a
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Calculate the basic earningspershare ratio. Round answer to decimal places, eg
EPS $enter the earningspershare ratio in dollars rounded to decimal places
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b
Assume common shares were issued on August and an additional common shares issued on April Calculate the basic earningspershare ratio. Round answer to decimal places, eg
EPS $enter the earningspershare ratio in dollars rounded to decimal places
Related Book For
Intermediate Accounting
ISBN: 978-1119048541
11th Canadian edition Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
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