Computing consolidated earnings per share (EPS) Assume the following facts about a parent and its 75% owned subsidiary company: Parent Subsidiary Net income $180,000 Common shares outstanding 50,000 Convertible preferred stock Dividends $17,100 Convertible into 9,000 shares of common stock Convertible bonds a. Compute basic earnings per share $ 3.93 b. Compute diluted earnings per share $ 3.68 x $45,000 22,000 (16,500 75% owned by parent) Interest expense after tax $7,200 Convertible into 4,500 shares of common stock

Particulars No. of equity shares Profit after tax Market Price Per Share Compute the following: i) EPS of both the companies ii) Exchange Ratio Infinity Limited 6,00,000 $20,00,000 $20 Global Limited 2,00,000 $10,00,000 $15

Assume the following data for Cable Corporation and Multi-Media Incorporated Net income Sales Total assets Total debt Stockholders' equity Cable Corporation Cable Corporation Multi-Media, Incorporated $ 31,200 317,000 402,000 163,000 239,000 a. 1. Compute return on stockholders' equity for both firms. Note: Input your answers as a percent rounded to 2 decimal places. Return on Stockholders' Equity do do % $ % Multi-Media Incorporated $ 140,000 2,700,000 965,000 542,000 423,000

The following share dividends were declared and distributed by Wendy Corp.: Percentage of ordinary share outstanding at declaration date 10 Fair value Par value P15,000 40,000 P10,000 30,800 28 What aggregate amount should be debited to retained earnings for these share dividends?

Problem 2: (Book Value per share with Two Classes of Preference Shares)TINT Corporation presents the following condensed statement of financial position as of the close of the year:Cash ₱ 520,000 Accounts Payable ₱ 550,000Other Assets 1,333,000 Ordinary Share Capital 550,0005% Preference Share Capital 330,0007% Preference Share Capital 220,000Accumulated Profits 203,000Total Assets ₱ 1,853,000 Total Equities ₱ 1,853,000The 5% preference share capital is cumulative, the 7% preference share capital is non-cumulative, but both are fully participating. The par value of all shares is ₱100. Requirements:C. Compute for the book value per share for: 5. Ordinary shares6.a. 5% Preference shares    b. 7% Preference shares

2. An entity showed the following data:Share capital, par value P10, 25,000 shares issued 250,000Share Premium 50,000Retained Earnings 150,000Market value of share on declaration date 20Market value of share on distribution date 40a. If a 10% share dividend will be declared, what amount of retained earnings will be capitalized? Prepare the entries on declaration and distribution date.b. If a 25% share dividend will be declared, what amount will be charged to retained earnings? Prepare the entries on declaration and distribution date

Calculate the transaction value (in $ thousands) of a theoretical company based on the information provided below. Current Share Price $18.00 Shares Outstanding (Thousands) 5,000 Total Debt ($ Thousands) $3,700 Cash ($ Thousands) $2,100 Acquisition Premium 10%

The equity section of Windsor SA appears below as of December 31, 2022. Share capital-preference (6% preference shares, R$50 par value, authorized 94,600 shares, outstanding 84,600 shares) Share capital-ordinary (R$1 par, authorized and issued 10,000,000 shares) Share premium-ordinary Retained earnings Net income Earnings Per Share: Income from continuing operations Discontinued operations, net of tax R$125,960,000 Net income 31,020,000 R$ R$4,230,000 Net income for 2022 reflects a total effective tax rate of 20%. Included in the net income figure is a loss of R$11,280,000 (before tax) as a result of discontinued operations. Preference dividends of R$253,800 were declared and paid in 2022. Dividends of R$ 940,000 were declared and paid to ordinary shareholders in 2022. 10,000,000 Compute earnings per share data as it should appear on the income statement of Windsor SA. (Round answers to 2 decimal places, e.g. 1.48.) 19,270,000 156,980,000 R$190,480,000

3.  The following share dividends were declared and distributed by Party Company:   Percentage of ordinary shares outstanding Market value Par value 10% 225,000 150,000 25% 600,000 450,000   How much should be debited to Retained Earnings at the time of declaration?   Group of answer choices 600,000 675,000 750,000 825,000

The net income of Zia company for the year ended December 31, 2018 amounted to P5,600,000.  Determine the earnings per share of Zia in the following independent cases: a. The entity has only one class of share capital, 100,000 shares with par value of P100. The entity has two classes of share capital:   Preference share, 10% cumulative, P100 par   4,000,000 Ordinary share, P100 par, 100,000 shares  10,000,000 b. The entity has two classes of share capital:  Preference share, 10% noncumulative, P100 par   4,000,000 Ordinary share, P100 par, 100,000 shares  10,000,000        The preference dividend for the current year was declared.  c. The entity has two classes of share capital:  Preference share, 10% noncumulative, P100 par   4,000,000 Ordinary share, P100 par, 100,000 shares  10,000,000       The preference dividend for the current year was not declared.