- → C #becausesneaker... HW CH 17 v2.cengagenow.com/ilrn/take... Custom Order Appendix: Income statement and earnings per share for discontinued operations Apex Inc. reports the following for a recent year: Income from continuing operations before income tax expense Loss from discontinued operations Weighted average number of shares outstanding Applicable tax rate *Net of any tax effect. a. Prepare a partial income statement for Apex Inc., beginning with income from continuing operations before income tax expense. Apex Inc. Partial Income Statement For the Year Ended December 31 Check My Work $670,000 $120,000* 60,000 40% Apex Inc. Partial Income Statement For the Year Ended December 31 Earnings per common share: b. Determine the earnings per common share for Apex Inc., including per-share amounts for unusual items. Enter answers in dollars and cents, rounding to the nearest whole cent. 回 DUL + : ?

- → C #becausesneaker... HW CH 17 v2.cengagenow.com/ilrn/take... Custom Order Appendix: Income statement and earnings per share for discontinued operations Apex Inc. reports the following for a recent year: Income from continuing operations before income tax expense Loss from discontinued operations Weighted average number of shares outstanding Applicable tax rate Net of any tax effect. a. Prepare a partial income statement for Apex Inc., beginning with income from continuing operations before income tax expense. Apex Inc. Partial Income Statement For the Year Ended December 31 Check My Work $670,000 $120,000 60,000 40% Apex Inc. Partial Income Statement For the Year Ended December 31 Earnings per common share: b. Determine the earnings per common share for Apex Inc., including per-share amounts for unusual items. Enter answers in dollars and cents, rounding to the nearest whole cent. 回 DUL + : ?

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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Required: Fill in all of the missing amounts. (Round "Earnings per share" to 2 decimal places.) Statement of Earnings Items Gross sales revenue Sales returns and allowances Net sales revenue Cost of sales Gross profit Operating expenses Earnings before income taxes Income tax expense (20%) Net earnings Earnings per share (20,000 shares outstanding) $ Year 1 179,000 $ 50% 19,900 2.59 Year 2 251,000 19,900 35% 21,900
Your emall WIII be recorded when you Supmit this fOTm zSg/formResponse?pli=1 * Required Assume that Dillards Inc. reported operating income of $5.2 million, $1.75 million in other income and gains (except equity earnings), $3.65 million in other expenses and losses, and a tax rate of 40%. 1. Using the information given above for Dillards Inc, what is the net income of the company? * A) $5.2 million B) $3.3 million C) $1.98 million D) $1.32 million E) None of the above
answer must be in table format or i will give down vote
Need help with doing the statement entries on accounting paper.
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9 )
how to compute earnings per share please dont give image based thanku
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Problem 1. Use the following information for the next two questions: The following items were presented for the purpose of determining comprehensive income. Profit for the year 2,000 Increase in revaluation surplus 1,000 Remeasurements of the net defined benefit liability (asset) - loss (200) Net change in translation of foreign operation (400) Dividends declared (100) Stock rights 300 1. How much is the other comprehensive income? a) 400 b) 600 c) 800 d) 2,000 2. How much is the total comprehensive income? a) 1,800 b) 2,200 c) 2,400 d) 2,800