During 20B, Inna company had outstanding 400,000 ordinary shares and 40,000 shares of cumulative preference share capital with a P10 per share dividends. Each preference share is convertible into five ordinary shares. Inna had a P6,000,000 net loss for 20B. No dividends were paid or declared. What is the amount of basic loss per share? choices: 15.00 16.00 10.00 10.67
During 20B, Inna company had outstanding 400,000 ordinary shares and 40,000 shares of cumulative preference share capital with a P10 per share dividends. Each preference share is convertible into five ordinary shares. Inna had a P6,000,000 net loss for 20B. No dividends were paid or declared. What is the amount of basic loss per share? choices: 15.00 16.00 10.00 10.67
Corporate Financial Accounting
14th Edition
ISBN:9781305653535
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter12: Corporations: Organization, Stock Transactions, And Dividends
Section: Chapter Questions
Problem 12.1EX: Dividends per share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as...
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Question 20
During 20B, Inna company had outstanding 400,000 ordinary shares and 40,000 shares of cumulative
choices:
-
15.00
-
16.00
-
10.00
-
10.67
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