Required: Calculate the basic EPS for Pearson Ltd for the year ending 30 June 2023.
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- Pearson Ltd is an Australian listed company. Its results for the financial year ending 30 June 2023 have exceeded expectations—profit before tax is $12 649 220 million, and income tax expense is $2 504 050 million. As of 30 June 2022, there were 13 221 000 million ordinary shares on issue. On 11 May 2023, 4 774 250 million further ordinary shares were issued at a price of $2.99—paid to $2.4. The partly paid shares carry rights to dividends in proportion to the amount paid relative to the total issue price. Required: Please help me calculate the basic EPS for Pearson Ltd for the year ending 30 June 2023. thanksABC Ltd is an Australian listed company. Its results for the financial year ending 30 June 2019 have exceeded expectations—profit before tax is $5.597 million and income tax expense is $1.847 million. As at 30 June 2018, there were 9.75 million ordinary shares on issue. On 11 May 2019, 3.25 million further ordinary shares were issued at a price of $2.30—paid to $2.00. The partly paid shares carry rights to dividends in proportion to the amount paid relative to the total issue price. Required: Calculate the weighted number of shares outstanding at the end of the year Calculation of Adjusted net income Calculation of basic EPS for ABC Ltd for the year ending 30 June 2019Questions: Calculate the basic EPS for ABC Ltd for the year ending 30 June 2023 with the follwoing details: ABC Ltd is an Australian listed company. Its results for the financial year ending 30 June 2023 have exceeded expectations—profit before tax is $5.597 million and income tax expense is $1.847 million. As at 30 June 2022, there were 9.75 million ordinary shares on issue. On 11 May 2023, 3.25 million further ordinary shares were issued at a price of $2.30—paid to $2.00. The partly paid shares carry rights to dividends in proportion to the amount paid relative to the total issue price.
- A listed company has made a profit after tax of RM1,500,000 in the year ended 31 December 2021. It has 10,000,000 ordinary shares in issue. It also has 2,000,000 10% preference shares in issue. Calculate the earnings per share for the year ended 31 December 2021.Sheridan Corporation had net income of $470000 and paid dividends to common stockholders of $34780 in 2020. The weighted average number of shares outstanding in 2020 was 61000 shares. Sheridan Corporation's common stock is selling for $45 por share on the New York Stock Exchange. Sheridan Corporation's payout ratio for 2020 is: 12.98%. 14.80%. 740%. $7.70 per share.Koala Ltd reports a net profit after tax of $1400 000 for the year ending 30 June 2022. At the beginning of the financial year 1 st July 2021, Koala Ltd had 1000 000 fully paid ordinary shares on issue. It also had 400 000 $1.00,10%, cumulative preference shares outstanding. On 1 October 2021 the company issued a further 200 000 fully paid ordinary shares. On 1 May 2022 the company issued further fully paid shares on the basis of a one-for-six bonus issue. The last sale price per ordinary share prior to the bonus issue was $4.00 The basic EPS for the year ending 30 June 2021 was 180 cents. Required: a) Calculate the theoretical ex-bonus price and adjustment factor. b) Compute the basic EPS amount for year ended 30 June 2022 c) Compute the adjusted comparative EPS for year ended 30th June 2021
- For the year ending 30 June 2020, Don Ltd reports a net profit after tax of $6.1 million. At the beginning of the financial year Evita Ltd had 2,500,000 fully paid ordinary shares outstanding. Don Ltd also had 1,000,000 partly paid shares. These shares were partly paid to 0.50 cents and had an original issue price of $1. The partly paid shares carry the rights to dividends in proportion to the amount paid relative to the total issue price. They were still partly paid at year end. Don Ltd also has the following securities outstanding: • $2.0 million of 10 per cent notes issued on 1 July 2019. The notes have a life of five years and give holders the right to convert the notes into 500,000 fully paid ordinary shares. • In 2016, employees were provided with options, at no initial cost, which gave them the right to acquire 750,000 shares at an exercise price of $2.50. The options expire five years after their original issue date. Given the time period to option expiry, the directors believe…Pina Colada Corp. had net income of $1612000 and paid dividends to common stockholders of $403000 in 2022. The weighted average number of shares outstanding in 2022 was 1047800 shares. Pina Colada Corp.'s common stock is selling for $30 per share on the NASDAQ. Pina Colada Corp.'s payout ratio for 2022 isThe market price of the ordinary shares at 31 December 2020 was Rs1.60. The dividend yield on ordinary shares was 21 per cent. The creditor for taxation at 31 December 2019 was Rs25 000.2Taxation paid in the year ended 31 December 2020 amounted to Rs22 000. The liability for taxation on the profit of the year ended 31 December 2020 is Rs31 000 and is carried forward on the Taxation account. The retained profit for the year ended 31 December 2020 was Rs60 000. The debentures were issued in 2016. The preference shares were issued at par.The summarized Balance Sheet at 31 December 2020 of Iqra Ltd was as: Fixed assets 2550000, Net current assets 950000, 6% debentures 2019/2020 150000, Ordinary shares of Rs1, 2500000, 10% redeemable preference shares of Rs1, 300000, Share Premium account 200000 Profit and Loss Account 350000.REQUIRED Prepare Iqra Ltd’s Profit and Loss Account for the year ended 31 December 2020 in as much detail as possible. The Profit and Loss Account should commence with…
- Story Corporation had net income of $300,000 in 2018. The weighted average number of shares outstanding in 2018 was 100,000 shares. Donner Corporation's common stock is selling for $36 per share on the New York Stock Exchange. Story Corporation's price-earnings ratio is... O 10.0 times 12.0 times O 36.0 times 72.0 timesFor the year 2021, Aquamarine Corporation has earned a net income of P400,000. Compute for the basic earnings per share under each of the following assumptions a. The company has only one class of stock with 100,000 shares outstanding b. The company has shares outstanding as follows: 8% Preference Share Capital P50 par, 20,000 shares outstanding Ordinary Share Capital P10 par, 100,000 shares outstanding i. Preference shares are cumulative ii. Preference shares are non-cumulative, dividends has been declared by the BOD iii. Preference shares are non-cumulative, no dividend has been declared by the BOD c. Same as letter b but with additional information with regards to the issuance of ordinary shares Jan 1 Beginning Balance 60,000 shares May 1 Additional Isuance 20,000 shares Aug 1 Additional Isuance 20,000 shares Nov 1 Additional Isuance 30,000 sharesAtanfo LTD made a profit for the year ended 31 March 2020 of Gh 30,000. During that year ,the company paid preference dividends on 100,000. 5% preference share . In addition,an ordinary dividend of 4 pesewas per share was paid on 200,000 ordinary shares. What was the retained profit for the year ended 31 March 2020?
