Viceroy Ltd has a December 31 year-end. Its ledger account for Common Shares (Class A voting)...

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Viceroy Ltd has a December 31 year-end. Its ledger account for Common Shares (Class A voting) showed the following information (dollars amounts are in thousands) Opening Balance Jant = 400,000 shares Shares issued June 30- 200,000 Shares issued September 30 - $56,400 Net Income for the Year =$2,000,000 Preferred Shares (Class B Non Voting Cumulative) = 50.000 shares ($600) Preferred Share Dividend entitlement for the year $139,000 Hint: check EPS formula in the chapter of Financial Statement Analysis Required t What is the Basic Earnings Per Share that Viceroy will report this year? Hint: when number of shares change during the term, a simple average does not apply, instead use the weighted average number of common shares. $ Required 2: The weighted average number of common shares for the year is: Required 3: The total earnings considered in the EPS formula for the year is: $ Instructions: Use 2 decimal places and only type tbe number without signs except for negative numbers that are preceded by a minus sign If the right answer is 1070.39 you type "1070.39", it will not be read as correct if you type "1,070.39", "$1070.39 or any other combination. if the right answer is negative 1070.39 you type "-1070.39 Viceroy Ltd has a December 31 year-end. Its ledger account for Common Shares (Class A voting) showed the following information (dollars amounts are in thousands) Opening Balance Jant = 400,000 shares Shares issued June 30- 200,000 Shares issued September 30 - $56,400 Net Income for the Year =$2,000,000 Preferred Shares (Class B Non Voting Cumulative) = 50.000 shares ($600) Preferred Share Dividend entitlement for the year $139,000 Hint: check EPS formula in the chapter of Financial Statement Analysis Required t What is the Basic Earnings Per Share that Viceroy will report this year? Hint: when number of shares change during the term, a simple average does not apply, instead use the weighted average number of common shares. $ Required 2: The weighted average number of common shares for the year is: Required 3: The total earnings considered in the EPS formula for the year is: $ Instructions: Use 2 decimal places and only type tbe number without signs except for negative numbers that are preceded by a minus sign If the right answer is 1070.39 you type "1070.39", it will not be read as correct if you type "1,070.39", "$1070.39 or any other combination. if the right answer is negative 1070.39 you type "-1070.39

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Requirement 3 First we have to calculate Earnings for Equ... View the full answer