Question
Cee Corporations net income in 2021 amounted to P1,500,000. Compute for the basic earnings per share given the following independent scenarios: Scenario A P2,000,000 Ordinary
Cee Corporations net income in 2021 amounted to P1,500,000. Compute for the basic earnings per share given the following independent scenarios:
Scenario A
P2,000,000 Ordinary shares, with par value of P20, are outstanding in 2021.
No dividends are declared pertaining to these shares.
Scenario B
P2,000,000 Ordinary shares, with par value of P20, are outstanding in 2021.
Dividends are declared pertaining to these shares.
Scenario C
P2,000,000 Ordinary shares, with par value of P20, are outstanding in 2021.
P1,000,000 5% non-cumulative Preference shares, with par value of P50, are outstanding in 2021.
No dividends are declared on both shares.
Scenario D
P2,000,000 Ordinary shares, with par value of P20, are outstanding in 2021.
P1,000,000 5% non-cumulative Preference shares, with par value of P50, are outstanding in 2021.
Dividends are declared on both shares.
Scenario E
P2,000,000 Ordinary shares, with par value of P20, are outstanding in 2021.
P1,000,000 5% cumulative Preference shares, with par value of P50, are outstanding in 2021.
No dividends are declared on both shares.
Scenario F
P2,000,000 Ordinary shares, with par value of P20, are outstanding in 2021.
P1,000,000 5% cumulative Preference shares, with par value of P50, are outstanding in 2021.
Dividends are declared on both shares.
Formula: =
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