Categories: Uncategorized

average number of common shares outstanding 50 000 shares 40 000 shares 554381

PE 13-8A Earnings per share

Financial statement data for years ending December 31 for Jardine Company are shown

Don't use plagiarized sources. Get Your Custom Essay on
average number of common shares outstanding 50 000 shares 40 000 shares 554381
For $10/Page 0nly
Order Essay

below.

2012

2011

Net income

$971,000

$692,000

Preferred dividends

$35,000

$35,000

Average number of common shares outstanding

120,000 shares

90,000 shares

Average number of common shares outstanding 50,000 shares 40,000 shares

a. Determine the earnings per share for 2012 and 2011.

b. Does the change in the earnings per share from 2011 to 2012 indicate a favorable or an unfavorable trend?

admin

Recent Posts

Economic Debate #3- Progressive Income Tax – The Homework Helper

Economic Debate- Progressive Income Tax For this Economic Debate, we are going to discuss the…

2 years ago

MKT 6120 – Marketing Management – Davis Learning Engagement #7

TOPIC: Going Global Discussion Thread 1 (initial post due Wednesday for full credit) Please note:…

4 years ago

jvjvjhvjhvhjvj

Assignment Topic This week will culminate in the creation of a narrated PowerPoint to create…

4 years ago

Students are supposed to select a technological organization of their choice.

The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. Assignments submitted…

4 years ago

Increases the risk of wildfires

you need to post your 2-page information flier to share with your Final Project Group.…

4 years ago

Statistics for Technology management

discussion: Discuss the methods used at your company to measure and ensure quality products and…

4 years ago