Question

Delicious Subs Ltd. (DSL) was incorporated on January 1, 2021. Its capital structure includes 9,000 ordinary shares; 1,800, $

1800 60 basic EPS Net income from continuing operations Less: preferred Dividends Net inc. from cont. ops. avail. To OSH basi

Don't know how to get the value in blue to get diluted EPS from each operation

0 0
Add a comment Improve this question Transcribed image text
Answer #1

To get the Diluted EPS, Calculate Mumber of you should d total Total number Number of shore = Basic Shore + Potential share P

Add a comment
Know the answer?
Add Answer to:
Don't know how to get the value in blue to get diluted EPS from each operation...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 6 of 7 (5 complete) HW Score: 71,43 % , 5 of 7 pts Score: 0...

    6 of 7 (5 complete) HW Score: 71,43 % , 5 of 7 pts Score: 0 of 1 pt EP20-12 (similar to) Question Help GHJ Company has 22,000 common shares outstanding with no preferred shares in its capital structure. GHJ has outstanding in-the-money options that will result in 13,000 incremental shares. The current income statement indicates the following: (Click the icon to view the partial income statement for the current year.) Data Table What are basic and diluted earnings per...

  • Convertible Preferred Stock, Convertible Bonds, and EPS Francis Company has 12,000 shares of common stock outstanding...

    Convertible Preferred Stock, Convertible Bonds, and EPS Francis Company has 12,000 shares of common stock outstanding at the beginning of 2016. Francis issued 1,500 additional shares on May 1 and 1,000 additional shares on September 30. It also has two convertible securities outstanding at the end of 2016. These are: Convertible preferred stock: 1,250 shares of 9.0%, $50 par, preferred stock were issued on January 2, 2013, for $60 per share. Each share of preferred stock is convertible into 3...

  • : basic and diluted EPS. Basic E On a firm's income statement, you likely will see...

    : basic and diluted EPS. Basic E On a firm's income statement, you likely will see two entries for earnings per share (EPS): basic and diluted EPS. Basic EPS is the firm's net income available to shareholders divided by the number of shares of common stock. However, while common shares are definite claims of an owner's equity, unexercised stock options, convertible debt and preferred stock, and warrants represent potential claims on an owner's equity. If they are exercised or converted,...

  • Listed below are several terms and phrases associated with earnings per share. Pair each item from...

    Listed below are several terms and phrases associated with earnings per share. Pair each item from List A with the item from List B (b letter) that is most appropriately associated with it. a e List A List B 1. Subtract preferred dividends. a. Options exercised. 2. Time weighted by 5/12 b. Simple capital structure. 3. Time-weighted shares assumed issued plus time-weighted actual shares c Basic EPS. 14. Midyear event treated as if it occurred at the beginning of the...

  • 12. What is the companies Basic EPS for the recent year? Best Buy’s basic EPS for...

    12. What is the companies Basic EPS for the recent year? Best Buy’s basic EPS for 2020 was 5.82 Can you recompute this amount using the weighted average shares disclosed? Show the calculation using the provided weighted average shares outstanding. Consolidated Statements of Earnings $ and shares in millions, except per share amounts $ $ $ February 1, 2020 43,638 33,590 10,048 7,998 41 2,009 February 2, 2019 42,879 32,918 9,961 8,015 46 1,900 February 3, 2018 42,151 32,275 9,876...

  • Ivanhoe Corporation Ltd. has the following capital structure at the following fiscal years ended December 31: 2020 2019 Number of common shares 840,000 690,000 Number of non-convertible, non-cumulative preferred A shares 40,000 40,000 Amount of 4

    Ivanhoe Corporation Ltd. has the following capital structure at the following fiscal years ended December 31:20202019Number of common shares840,000690,000Number of non-convertible, non-cumulative preferred A shares40,00040,000Amount of 4% convertible bonds$1,000,000$1,000,000The following additional information is available.1.On July 31, 2020, Ivanhoe Corporation exchanged common shares for a large piece of equipment. This was the only transaction that resulted in issuance of common shares in 2020.2.Income before discontinued operations for 2020 was $1,600,000, and a loss from discontinued operations of $320,000 was recorded, net of applicable tax recovery.3.During 2020,...

  • At December 31, 2019, Blue Corporation had the following stock outstanding. 10% cumulative preferred stock, $100...

    At December 31, 2019, Blue Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 108,054 shares $10,805,400 Common stock, $5 par, 4,058,240 shares 20,291,200 During 2020. Blue did not issue any additional common stock. The following also occurred during 2020. Income from continuing operations before taxes $22,544,700 Discontinued operations (loss before taxes) $3,341,700 Preferred dividends declared $1,080,540 Common dividends declared $2,036,500 Effective tax rate 35% Compute earnings per share data as it should appear in the 2020...

  • looking for dileted EPS numerator and pls show work..thanks Information from the financial statements of Ames...

    looking for dileted EPS numerator and pls show work..thanks Information from the financial statements of Ames Fabricators, Inc, included the following: December 31 2018 2017 100,000 100,000 Common shares Convertible preferred shares (convertible into 64,000 shares of common) 10% convertible bonds (convertible into 20,000 shares of common) 31,200 31,200 $1,000,000 $1,000,000 Ames's net income for the year ended December 31, 2018, is $820,000. The income tax rate is 400 Ames paid dividends of $5 per share on its preferred stock...

  • Exercise 19-21 EPS; convertible preferred stock; convertible bonds; order of entry [LO19-7, 19-9] Information from the...

    Exercise 19-21 EPS; convertible preferred stock; convertible bonds; order of entry [LO19-7, 19-9] Information from the financial statements of Ames Fabricators, Inc., included the following: December 31 2018 2017 100,000 100,000 Common shares Convertible preferred shares (convertible into 34,000 shares of common) 10% convertible bonds (convertible into 20,000 shares of common) 13,200 13,200 $1,000,000 $1,000,000 Ames's net income for the year ended December 31, 2018, is $520,000. The income tax rate is 40%. Ames paid dividends of $5 per share...

  • Exercise 19-21 EPS; convertible preferred stock; convertible bonds; order of entry [LO19-7, 19-9) Information from...

    Exercise 19-21 EPS; convertible preferred stock; convertible bonds; order of entry [LO19-7, 19-9) Information from the financial statements of Ames Fabricators, Inc., included the following: December 31 2018 2017 100,000 100,000 Common shares Convertible preferred shares (convertible into 68,000 shares of common) 10% convertible bonds (convertible into 20,000 shares of common) 33,600 33,600 $1,800,000 $1,000,000 Ames's net income for the year ended December 31, 2018. is $860,000. The income tax rate is 40%. Ames paid dividends of $5 per share...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT