What is the total earning per share for 2017? The information relates to Dagupan Inc. for the year ended December 31, 2016 andwwwwwww2017:(1) Extracts of Statement of Comprehensive income20172016Pesos in millions2,4002302,630Profit after taxOther comprehensive income (net of tax)Total comprehensive income(2) Shareholder equity as on 1st January 2016 comprised of:(a) 25 Million Ordinary shares of P10 each(b) 5 million cumulative preference shares of P10 each entitled to a cumulative1,8001001,900dividend at 18%(3) During the year 2016, the following events occurred:(a) On 2nd March, Dagupan announced 30% bonus issue to ordinary shareholders.The entitlement (issue) date of bonus shares was 30th April.(b) On 1s:August, 2 million ordinary shares were issued at Market value of P30(4) During the year 2017, the following events occurred:(a) On 1stFebruary, 25% bonus shares were issued to ordinary shareholders.(b) On 15th March, Dagupan announced 40% right shares to its ordinary shareholdersat P24 per share. The entitlement date of right shares was 1s:May. The market priceper share immediately before the announcement date and entitlement date was P32and P30 , respectively(c) On September 30th, ordinary shares were consolidated and every three sharesP10 face value existing shares were replaced with one P30 face value new shares.(d) During the year, Interim Dividend of P2.5 Million was paid to ordinaryshareholders(5) On 1s:February 2018, 15% bonus shares were issued to ordinary shareholders.(6) Profit after tax include a profit of P200 million in 2017 and P170 Million in 2016which relates to discontinued operation.

Earnings per Share : The earnings of the company which is available for the ordinary shareholders of…

The information relates to Dagupan Inc. for the year ended December 31, 2016 and 2017: (1) Extracts of Statement of Comprehensive income ww ww 2017 Profit after tax Other comprehensive income (net of tax) Total comprehensive income (2) Shareholder equity as on 1st January 2016 comprised of: (a) 25 Million Ordinary shares of P10 each 2016 Pesos in millions 1,800 100 1,900 2,400 230 2,630

The information relates to Dagupan Inc. for the year ended December 31, 2016 and 2017: (1) Extracts of Statement of Comprehensive income ww ww 2017 Profit after tax Other comprehensive income (net of tax) Total comprehensive income (2) Shareholder equity as on 1st January 2016 comprised of: (a) 25 Million Ordinary shares of P10 each 2016 Pesos in millions 1,800 100 1,900 2,400 230 2,630

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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