Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Can you help me with these accounting questions? Please show full work. Thank you. 7. JKL earned net income of $80,000. Shares outstanding = 100,000,
Can you help me with these accounting questions? Please show full work. Thank you.
7. JKL earned net income of $80,000. Shares outstanding = 100,000, and no preferred stock. What is the EPS? (How does preferred stock change the EPS calculation?) 6. Roger issued 500,000 shares of common stock with par $1. What is the effect of a 2 for 1 stock split? Is a journal entry required for this? Provide two examples of non-cash investing and financing transactions. 8. Depreciation Expense, increase in Accounts Receivable, and Gain on Disposal. How is each reported on a cash flow statement? The market price of MNO Corp is $25; the EPS is $.50 per share. Par is $1/share. What is the P/E ratio? 10. PQR Corp began 2009 with Cash of $10,000. The net cash flow for 2009 was $34,000. What is the ending Cash on the BS? 9Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started