summer company had the following ordinary share activity during the current year: January 1 outstanding 500,000 shares March 1 new shares issued 60,000 shares June 1 2 for 1 split 560,000 shares November 1 Treasury shares acquired 48,000 shares The entity had 200,000 cumulative preference shares of 20 par value outstanding throughout the year. the preference dividend rate is 10% the entity reported a net income of 5,860,000 for the current year. required: 1. determine the average ordinary shares outstanding. 2. determine the basic earnings per share.

Q: How would you find FW with excel functions?

A: MARR is 20% EOY Cash Flow 0  $                 -70,000.00 1  $                  20,000.00 2…

Q: List two advantages of using NPV.

A: Net present value is the difference between the present value of cash inflows and the present values…

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A: WACC: The weighted average cost of capital (WACC) is a computation of   cost of capitalof a company…

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A: Cost standard example: The estimation to regulate the entire direct material cost standard and…

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A:

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Q: Describe the process of calculating NPV.

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