From the follovwing information, you are requirecd to compute the basic and adjusted Earnings per share: Net profit for 2015-16 11 lakh Net profit for 2016-17 No, of shares issued before rights issue 15 lakh 5 lakhs One for every 5 held 15 per share Right issue Right issue price Last date of exercising right option Fair value of shares before right issue 1-06-2016 21 per share

From the follovwing information, you are requirecd to compute the basic and adjusted Earnings per share: Net profit for 2015-16 11 lakh Net profit for 2016-17 No, of shares issued before rights issue 15 lakh 5 lakhs One for every 5 held 15 per share Right issue Right issue price Last date of exercising right option Fair value of shares before right issue 1-06-2016 21 per share

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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FROM THE FOLLOWING, CALCULATE PROFITABILITY RATIOS.TRADING AND PROFIT AND LOSS ACCOUNT OF MMR & CO.FOR THE YEAR ENDING 31.12. 2019(HORIZONTAL FORMAT)PARTICULARS $ PARTICULARS $Opening stock 199,000 Sales 1,700,000Purchases 1,119,000 Closing stock 298,000Gross profit 680,0001,998,000 1,998,000Administrationexpenses300,000 Gross profit 680, 000Selling expenses 60,000 Interest 18,000Financeexpenses30,000Loss on sale ofplant8,000Net profit 300,000698,000 698,000
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Computing earnings per share and price/earnings ratio Rocket Corp. earned net income of $153,040 and paid the minimum dividend to preferred stockholders for 2018. Assume that there are no changes in common shares outstanding during 2018. Rocket’s books include the following figures: Requirements Compute Rocket’s EPS for the year. Assume Rocket’s market price of a share of common stock is $12 per share. Compute Rocket’s price/earnings ratio.
The number of shares traded by Abercrombie & Fitch on July 7, 2016 was:
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Financial information for Forever 18 includes the following selected data: ($ in millions except share data) 2021 2020 Net income $141 ; $105 Dividends on preferred stock $27 ; $22 Average shares outstanding (in millions) 300 ; 250 Stock price $11.62 ; $10.57 Calculate the price-earnings ratio in 2020 and 2021
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