On January 1, ABC Company has 100,000 outstanding ordinary shares. During the year, ABC reported net income of P 5,000,000. Income tax rate is 30%. In addition, ABC issued on April 1 4,000 P 100 par 10% cumulative preference shares. Each preference share is convertible into 5 ordinary shares. How much is the diluted earnings per share?

Q: Gamma Corporation has 250,000 ordinary shares issued and outstanding during the year. It has annual…

A: Number of shares = 250000 Sales = P 1750000 Share price = P 21 Sales per share of similar firm = P…

Q: Texas Inc. has 6,000 shares of 6%, $125 par value cumulative preferred stock and 97,000 shares of $1…

A: Preferred dividend is paid on the preferred shares at a predetermined rate. Annual preferred…

Q: if the number of shares outstanding is 1,000,000. the profit for the year is $150,000, and the firm…

A: Dividends are distributions out of net income to shareholders. Dividend per share means dividend…

Q: GHI Co. has the following shareholders’ equity accounts: 8% Preference Share, P10 par P200,000…

A: Dividend per share is computed as the total dividend paid divided by the number of shares…

Q: ABC Co. has average shareholders' equity of 1,000,000, which includes $200,000 par value of 12%…

A: Average shareholders' equity P1,000,000 Less: Preferred shares P200,000 Ordinary stockhodler's…

Q: Dividends Per Share Windborn Company has 30,000 shares of cumulative preferred 1% stock, $150 par…

A: The objective of the question is to calculate the dividends per share for both preferred and common…

Q: On December 31, ABC had 40,000 weighted average outstanding ordinary shares. During the year, ABC…

A: Basic earnings per ordinary share is amount that is left of ordinary shares after all the expenses…

Q: * 2. What is the diluted earnings per share? (Present answer in 2 decimal places, example: x.xx) At…

A: Basic earnings per share is the income attributable per share based on the weighted average number…

Q: answer must be correct or i will give downn vote

A: The Earnings Per Share (EPS) is calculated by dividing the net income by the number of outstanding…

Q: Texas Inc. has 5,000 shares of 7%, $125 par value cumulative preferred stock and 83,000 shares of $1…

A: The dividend is distributed among the preferred shareholder first and then the remaining dividend is…

Q: total dividend payable to preferred stockholders

A: Dividend of cumulative preference stock gets accumulated every year until payment.

Q: Texas Inc. has 7,000 shares of 8%, $125 par value cumulative preferred stock and 84,000 shares of $1…

A: The preference shareholders receive the dividend before any other shareholders. Cumulative…

Q: GHI Co. has the following shareholders’ equity accounts: 8% Preference Share, P10 par P200,000…

A: Dividend per share is computed as the total dividend paid divided by the number of shares…

Q: What is the total annual dividend received from owning 75 shares of stock A, Company A issues a…

A: Dividend is defined as the distribution of profits by the company to their shareholders. When the…

Q: Deacon Corporation has provided the following financial data from its balance sheet and income…

A: Debt to equity ratio :— It is the ratio of total liabilities to total shareholders equity.   All…

Q: A corporation has 2000 shares, 10% preferred stock of $60.00 par preferred stock, and 8,000 shares…

A: Step 1: Dividends to preferred stockholders= Number shares of preferred stock x Par value per share…

Q: ounts were distributed as dividends: $20,000 5,000 30,000 termine the dividends per share for…

A: 20Y1= Perferred stock(dividend per share)=$1 , common stock(Dividend per share)=$0.2Perferred…

Q: what are the classification of financial market ? Explain its different components?

A: A financial market is an essential part of the financial system. It is defined as a marketplace for…

Q: Texas Inc. has 12,000 shares of 6%, $125 par value cumulative preferred stock and 92,000 shares of…

A: To meet the financial requirement of the business, companies raise the funds through external…

Q: The shareholders equity section of Batangas Corporation Statement of Financial Position at the end…

A: Stockholders' equity: Stockholders' equity means the net assets available to shareholders after…

Q: Dividends Per Share Oceanic Company has 30,000 shares of cumulative preferred 2% stock, $50 par and…

A: Cumulative preferred stock :— It is one of the type of preference shares in which company pays…

Q: What was the issue price  per share of ordinary shares?

A: The ordinary share is a share whose shareholders are known as the company's real owners. These…

Q: The shareholders equity section of Batangas Corporation Statement of Financial Position at the end…

A: Preference shares are one of the type of shares. These are issued when the company want to raise…

Q: Murray Company reports net income of $900,000 for the year. It has no preferred stock, and its…

A: EPS :— It is calculated by dividing income available to common stockholders' by weighted average…

Q: On January 1, ABC Company has 100,000 outstanding ordinary shares. During the year, ABC reported net…

A: The earnings per share refer to the amount of money that a company makes for each of its stocks and…

Q: After-tax profit attributable to ordinary shareholders is £400,000. There are £1,000,000 worth of…

A: Earnings available to shareholders = £400,000Value of equity = £1,000,000Nominal share value = 50p…

Q: Murray Company reports net income of $769,500 for the year. It has no preferred stock, and its…

A: BASIC EARNINGS PER SHARE :  =  (NET INCOME - PREFERRED DIVIDEND) / WEIGHTED AVERAGE COMMON SHARES…

Q: Sandpiper Company has 25,000 shares of cumulative preferred 3% stock, $100 par and 50,000 shares of…

A: Cumulative preferred stock means that if the company fails to pay dividends in any given period, the…

Q: Taiwanese Company has 5,000shares of 4% cumulative preferred stock of $40 par and 10,000 shares of…

A: Introduction: Dividends: Dividends are distributed to share holders of the company. Dividends are as…

Q: mmon stock sold at an average market price of $18 per share during the period. Also outstanding w…

A: Formula: Earnings per share = ( Net income - Total preferred dividends ) / Total outstanding shares

Q: 25. Assume Stephens & Co. has 500,000 shares of common stock outstanding. Additionally, it has bonds…

A: Earnings per share is the profits of a company that is available per share of the common stock.…

Q: Camille issued and outstanding share capital throughout the period consists of 500,000 ordinary…

A: After distributing the net income to the preference shareholders whatever has been left is divided…

Q: entity provided ing equity balance 10% preference share capital, 30,000 shares, par P100 Ordinary…

A: Book value per preference = Call price or Par preference value + Arrears of preference dividend /…

Q: 5. A company has $6,435,000 in common equity and 1,063,000 in outstanding shares. Shares sell at a…

A: Market value is the total value of shares based on their market price. Book value is the total value…

Q: A7 please help.....

A: Step 1: Formula Times interest earned ratio = Earnings before interest and taxes/Total interest…

Q: Burgos Co. declared dividends amounting to Php1.50 per share this year out of its Php500,000 net…

A: Given, Dividend per share = 1.50 Net Income = 500,000 Shareholders' equity = 2,500,000 Return on…

Q: The following is the Fine Organics Ltd. as on 31st March current year. Equity Share: 10000 Share…

A: Weighted average cost of capital is the overall cost of capital incurred for availing funds for the…