Is Dunphy suggestion on Imaginary Company EPS justifiable

Assignment Help Accounting Basics
Reference no: EM132901744

Question - The Bank of MF is a California-based equity investment consulting company. The company primarily provides advises to both institutional and individual investors. The company is specialized in fundamental analysis that involves collecting and evaluating the accounting statements of publicly traded companies.

Alex Dunphy is an intern of financial analysts at the Bank of MF. She is calculating the Earnings Per Share of Imaginary Company in 2020. She notices the company never issued any dilutive financial instruments and yet issued 1,000 new common shares in 2020. Therefore, Dunphy suggests the company's basic EPS will be smaller than its diluted EPS in 2020.

Required - Is Dunphy's suggestion on Imaginary Company's EPS justifiable? Why?

Reference no: EM132901744

Questions Cloud

Discuss the key relevant issues : How does this pertain to an actual arbitration case involving a company and its union by choosing a case from the National Labor Relations Board (NLRB) Web site
What initial salary would Ben need to receive : What initial salary would Ben need to receive to make him indifferent between attending Wilton University and staying in his current position
Discuss the skills base needed to conduct effective policy : State the most critical skills that can benefit human service professionals implementing a policy. Include references to support your statements.
Assignment on market controls : Google offers Google Apps, such as Gmail, Google Calendar, and Docs & Spreadsheets as collaboration tools for employees. Describe how the company could use mark
Is Dunphy suggestion on Imaginary Company EPS justifiable : The Bank of MF is a California-based equity investment consulting company. Is Dunphy's suggestion on Imaginary Company EPS justifiable
Globalization in higher education : What is the current national policy in your country on higher education, especially as related to global higher education issues?
Describe the risks associated with being a whistleblower : Describe the risks associated with being a Whistleblower and the ethical obligation employees and individuals must consider when confronted with an obvious ethi
Prepare the amortization table : Candle Co. received a 3-year, noninterest bearing note of P133,100 in exchange for land with carrying amount of P100,000. Prepare the amortization table
Assessment of the importance of factors : In the purchase of a car the assessment of the importance of factors such as speed fuel efficiency and price occurs at which step of the decision-making process

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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