Question: Please answer with solution. Thank you ma'am/sir! At December 31. 3013. Cablegi Company had 2:090,000 shares of ordinary 1 shares standing, On January 1. 2014.

Please answer with solution. Thank you ma'am/sir!

Please answer with solution. Thank you ma'am/sir! At December 31. 3013. Cablegi

At December 31. 3013. Cablegi Company had 2:090,000 shares of ordinary 1 shares standing, On January 1. 2014. Cabings issued 500.500 shares of preference, which were convertible inco 1,900,090 charts of sidinary shares Dating 2014, Cabinet declared and paid P1,500,000 cast diridoads on the ordinary shares and 1500 000 cash dividends on the proference shares. Net incoine for the year ended December 31. 2014 was 15,050,030. Assuming an income tax rate of 32k, how much is the diluted earnings per share for the Tear anded Diceauber 31, 20147 TOPI.SO (b) P1 67 () PLOE On January 1. 2011, Monochromatic Company had 6:009 ordinary shares outstanding that did not change during 2011 and 2010. The company granted options to certain executives to purchase 9,000 shares of its ordinary shares at P70 each. Thy average market price of ordinary share was P109 por share during 20:1. What is the total number of shares to be used in computing diluted earnings per share for 20117 [ ) 56,000 (2) 62,000 (4)65 00 Silk Company's December 31 your-god financial souteesants had the following December 31 2014 Dacrob# 31. 2015 Ending Imrantory P13 800 undrestmod P19.890 overstated Depreciation aupsafe 3,600 underviabed 5.030 enderelated Prepaid insurance There were no other errors during the yours 2014 or 2014 and no conections have baun made for mary of the onces. (lywent toowe tax coariforations) What is the net effect of the errors on Silk's 2015 net income? (a) Understated by P13,000 (b) Overataled by P14.800 (e) Ovenlated by Plo,340 (d) Overstated by P25,300 AhSupplies on has What is the net effect of the above errors in the 2015 net income? ()P50,500 Over (h P70,000 over () PT4,900 over " PE5 000 over

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