The following information available from Special Hours Co. for 2019: Ordinary shares capital (300000 shares) Preferred...
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The following information available from Special Hours Co. for 2019: Ordinary shares capital (300000 shares) Preferred shares (6%), 20000 shares, cumulative, convertible to ordinary shares 1 to 10. Bonds (10%), 4000 bonds convertible to ordinary shares by: 1 to 50 Net income for 2019 Tax rate Compute: 1. Basic earnings per share for 2019, is: 2. Diluted Earnings per share for 2019, is: V 3. In the financial statements, the corporation Should disclose diluted EPS JD300000 JD 200000 JD200000 JD57000 30% The following information available from Special Hours Co. for 2019: Ordinary shares capital (300000 shares) Preferred shares (6%), 20000 shares, cumulative, convertible to ordinary shares 1 to 10. Bonds (10%), 4000 bonds convertible to ordinary shares by: 1 to 50 Net income for 2019 Tax rate Compute: 1. Basic earnings per share for 2019, is: 2. Diluted Earnings per share for 2019, is: V 3. In the financial statements, the corporation Should disclose diluted EPS JD300000 JD 200000 JD200000 JD57000 30%
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Based on the given information we can compute the basic and diluted earnings per share EPS for 2019 ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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