Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Daisy Ltd has a net profit after tax of $3 400 000 for the year ending 30 June 2012. For the entire financial year Daisy Ltd had two million $1.00 cumulative preference shares on issue which provide dividends at a rate of 10% per year. The preference share dividends were not treated as part of interest expense.
At 1 July 2011 Daisy Ltd had 1 800 000 fully paid up shares on issue. On 1 October 2011 a further 200 000 fully paid ordinary shares were issued at an issue price of $5 per share. On 1 May 2012 Daisy Ltd made a 1 for 4 bonus issue of ordinary shares. The last sale price of an ordinary share before the bonus issue was $5.50. The basic earnings per share for the year ending 30 June 2011 was $2 per share.
Required
(i) Calculate the earnings per share for the year ending 30 June 2012. Round number of shares to the nearest whole number and show all calculations.
(ii) What is the comparative earnings per share for the previous year to be reported in the 2012 financial reports? Show workings.
(iii) Explain briefly how your answer to this question would differ had there been a rights issue as opposed to a bonus issue of shares.
Assume that a primary care physician practice performs only physical examinations. However, there are three levels of examinations I, II, III - that vary in depth and complexity.
how the NHS might use ABC to (a) produce ‘product costs’ for services, and to (b) evaluate the internal efficiency, quality and profitability per product or service line. Both bene
Prime Essentials Limited is a small private corporation. The owner plans to approach the bank for an additional loan or a line of credit to facilitate expansion. The company bookke
WORKED EXAMPLES OF EXPECTED CASH COLLECTIONS PATTERNS
During his career in the energy industry, T-Bone McAdams has accumulated $5,000,000 in "surplus savings" that he is planning to donate to his college alma mater, Oklahoma A&M, in
. Alice Company has received a special order from John. John wishes to buy 100 units of Alice's product at a price of $48. The regular price is $65. The unit cost informati
A fixed cost is a cost which can't be easily identified or related to a cost per unit or activity of any kind for example a cost which remains constant when production of a service
direct vs. indirect method
Standards and Budgets Budgets like you recall from the previous section, are simply plans for expected future performance expressed in quantified monetary terms. Therefore the
Rosco Company purchased 35,000 shares of common stock of Paxton Corporation as a long-term investment for $900,000. During the year, Paxton Corporation reported net income of $300,
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd