how much should ABC Company report as basic Earnings Per Share?

Q: Royalbird Co. reports the following information for 2020: sales revenue $762,900, cost of goods sold…

A:

Q: Ayayai Company’s net income for 2020 is $52,900. The only potentially dilutive securities…

A: GIVEN     Ayayai Company’s net income for 2020 is $52,900. The only potentially dilutive securities…

Q: The 2020 income statement of Blossom Corporation showed net income of $1,271,000, which included a…

A: Earnings per share (EPS) which states that how much money which company could make for each and…

Q: If income tax rate is 30%, how much is the diluted EPS for the year ended December 31 , 2020

A: Formula: Diluted EPS=Net Income-Preferred Dividend PaidWeighted Avarage No of common shares+…

Q: amarisk, Inc. had the following equity investment portfolio at January 1, 2020. Evers Company   950…

A: Journal Entry: It is the entry  which is used by an enterprise to  record  the business transactions…

Q: At December 31, 2022, Cracker Company reported Retained Earnings of $20,000,000. In 2023, Cracker…

A: The objective of the question is to determine the correct treatment of an error in the amortization…

Q: Richards Corporation had the following balances at December 31, 2020: Property, plant, and equipment…

A: Stockholder's Equity: It refers to the residual assets available to the company's shareholders after…

Q: n paid in the year ended 31 December 2020 amounted to on the profit of the year ended 31 December…

A: Interest and Taxes are deducted from the profits and Dividends are the appropriations of profits.

Q: The December 31, 2018, balance sheet of Whelan, Inc, showed long-term debt of $1,385,000, $137.000…

A: Computation of new net borrowing: New net borrowing = Long term debt of 2019 - Long term debt 2018…

Q: The following information was obtained from the financial records of Roger Ltd for the year ended 30…

A: Statement showing changes in equity: It is a financial statement showing the details of the change…

Q: Calculate the earnings per share (average of 418,000 shares outstanding for the year) for 2020.…

A: Price earnings ratio = Market price/Earnings per share

Q: Delta NV has share capital of $l m in shares of $0.25 each. At 31 May 2019 shares had a market value…

A: Right Issue :— It is the new shares issued to existing equity shareholders at lower price.…

Q: III Listen Lansing Corporation declared and paid preferred dividends of $50,000 in 2019. There were…

A: Earnings per share is the income earned by the company per share outstanding. The higher the income…

Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.