Question: Task 2) Analysing EPS & Book Value (12 points) Korab Nutrition Corp. has 250,000 shares of US$ 1.00 par value stock outstanding on January
Task 2) Analysing EPS & Book Value (12 points) Korab Nutrition Corp. has 250,000 shares of US$ 1.00 par value stock outstanding on January 1st, 2021. On April 1st, 2021, they issue additional 85,000 shares of US$ 1.00 par value. September 1st, 2021, Korab Nutrition Corp. bought 175,000 shares back as treasury stock and sold additional 100,000 shares of US$ 1.00 par value on December 1st, 2021. On December 31st, 2021, the Total Assets amount to US$ 4,480,000, Total Liabilities to US$ 3,230,000 and Net Income to US$ 1,383,000. On December 31, 2021, the Board of Directors declared a Stock Dividend of one new share for each twenty shares outstanding. Instruction: (show your calculations and round to 2 decimal places) Calculate a) The EPS at end of year 2021 b) The Book Value per share before the Stock Dividend at the end of year 2021 c) The Book Value per share after the Stock Dividend at the end of year 2021 45457
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