Answer problem 2 in excel Instruction: Provide the information asked for each of theproblem below. Use excel/word for your answers.Problem #1:The YZA Corporation has 100,000 ordinary sharesauthorized, par value P10. As of the end of reporting period,60,000 of the shares are outstanding.Required: Compute the earnings per share assuming thecompany has a profit of:A. P10,000B. P70,000C. P90,000D. P150,000E. P180,000Problem #2The EASY Corporation has the following informationrelating to its share capital:• 10% Preference shares, cumulative, P100 par value,30,000 shares authorized, 20,000 shares outstanding -P2,000,000• Ordinary shares, P10 par value, 500,000 authorized,300,000 shares outstanding - P3,000,000Required: Compute the earnings per share assuming thatthe reported profit of the company is P750.000.

Preference dividend = P2,000,000 x 10% = P200,000

The EASY Corporation has the following information relating to its share capital: • 10% Preference shares, cumulative, P100 par value, 30,000 shares authorized, 20,000 shares outstanding - P2,000,000 Ordinary shares, P10 par value, 500,000 authorized, 300,000 shares outstanding - P3,000,000 Required: Compute the earnings per share assuming that the reported profit of the company is P750.000.

The EASY Corporation has the following information relating to its share capital: • 10% Preference shares, cumulative, P100 par value, 30,000 shares authorized, 20,000 shares outstanding - P2,000,000 Ordinary shares, P10 par value, 500,000 authorized, 300,000 shares outstanding - P3,000,000 Required: Compute the earnings per share assuming that the reported profit of the company is P750.000.

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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