What is its earnings per share

Assignment Help Accounting Basics
Reference no: EM13125669

Offshore Ale Company has earnings available to common stockholders of $2 million and has 500,000 shares of common stock outstanding. What is its earnings per share (EPS)?

Reference no: EM13125669

Questions Cloud

Calculate the ph of each of the following strong acid : Calculate the pH of each of the following strong acid solutions: 5.00 mL of 1.00 M HCl diluted to 0.500 L d) a mixture formed by adding 50.0 mL of 0.020 M HCL to 150 mL of 0.010 M HI
Shares of multi-national enterprises : As a potential investor in the shares of multi-national enterprises, which inflation method, restate-translate or translate-restate, would give you decision needs? Which information set is best from the viewpoint of foreign subsidiary's shareholde..
Center of group and abelian groups : In any group G, some of the elements of G commute with all of the other elements in G. The set of all such elements in G is called the centre of G, and is denoted by Z(G).
Probability random sample of test takers give sample mean : What is the probability a random sample of 90 test takers will provide a sample mean test score within 10 points of the population mean of 502 on the critical reading part of the test?
What is its earnings per share : Offshore Ale Company has earnings available to common stockholders of $2 million and has 500,000 shares of common stock outstanding. What is its earnings per share (EPS)?
Explain how much does ashley realize : In addition, Ashley pays $14,000 in commissions and $3,000 in legal fees in connection with the sale. Explain how much does Ashley realize (the amount realized) from the sale of her property?
Find the level of labour supply : Let the utility function be U = log(x) - l, where l is labour and x is consumption. Find the level of labour supply if the wage rate w=10.
How many boxes does dandy candy have to sell to break even : How many boxes does Dandy Candy have to sell to break even?
Accumulates in the blood of people with phenylketonuria : Phenylacetic acid (C6H5CH2COOH) is one of the substances that accumulates in the blood of people with phenylketonuria, and inherited disorder that can cause mental retardation or even death

Reviews

Write a Review

 

Accounting Basics Questions & Answers

  Set up necessary t accounts

A business paid 100 to cash to Karen Smith (the owner of the business) for her personal use. Set up the necessary T accounts and show how this transaction would be recorded directly to those accounts

  High quality of earnings

Your posts are very good and state that management should focus on the success of the business rather than managing income to their benefit. This gets into ethics, where if you keep doing the right thing you will reap the benefits with bonus's and..

  Average inventory for the year

Flagstaff Department Store had net credit sales of $13,000,000 and cost of goods sold of $10,000,000 for the year. The average inventory for the year amounted to $2,500,000.

  Capital investment analysis

Parsing Electronics is interested in expanding its operations with a new manufacturing facility in Slovakia. The company prepares a capital investment analysis on the validity of the project and finds that the project is viable. The company expect..

  Journal entries of solomon company

On January 1, 2006, Solomon Company purchased the following two machines for use in its production process. The journal entry to record its purchase on January 1, 2006.

  Journal entries-percentage of completion method

Record the journal entries for each year using the % of completion method. Show the partial accounts on the December 31 balance sheet for each year. Show the January 1 to Dec 31 Income statement for each year.

  Financial reporting which is based on coso framework

Prepare Friday's audit report that was submitted to Kim's board of directors 2011 and 2010 comparative financial statements. Kim is a public company.

  Prepare the appropriate journal entries for 2013 transaction

Grossman Products began operations in 2013. The following selected transactions occurred from September 2013 through March 2014. Grossman's fiscal year ends on December 31.

  Segregation of duties with adaptations

Segregation of Duties (SoD) and other classic internal controls such as management oversight have been adapted to consider technology. Compare/contrast the classic controls with their adaptations for technology.

  Prepare schedule of costs of good

Your schedule and statement must be in proper form - this means they should look like they would in an annual report-Prepare a schedule of cost of goods manufactured in good form.

  How much liability for outstanding premiums

how much liability for outstanding premiums should be recorded at the end of 2008?

  Predetermined overhead application rate

What is the predetermined overhead application rate for the maintenance department? What is the additional cost to the maintenance department of providing another hour of maintenance?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd