On December 31, 2022, Voice Company had 500,000 ordinary shares issued and outstanding, 400,000 of which had been issued and outstanding throughout the year and 100,000 of which were issued on October 1, 2022. The net income for the year was P5,100,000. What amount should be reported as basic earnings per share? 10.10 12.75 12.00 11.35
On December 31, 2022, Voice Company had 500,000 ordinary shares issued and outstanding, 400,000 of which had been issued and outstanding throughout the year and 100,000 of which were issued on October 1, 2022. The net income for the year was P5,100,000. What amount should be reported as basic earnings per share? 10.10 12.75 12.00 11.35
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter16: Retained Earnings And Earnings Per Share
Section: Chapter Questions
Problem 8MC: Hyde Corporations capital structure at December 31, 2018, was as follows: On July 2, 2019, Hyde...
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On December 31, 2022, Voice Company had 500,000 ordinary shares issued and outstanding, 400,000 of which had been issued and outstanding throughout the year and 100,000 of which were issued on October 1, 2022. The net income for the year was P5,100,000. What amount should be reported as basic earnings per share?
10.10
12.75
12.00
11.35
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