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how do you figure out the earnings per share? A A A A XADA. A . AaBbCD AaBbCD AaBb C AaB 1 Normal 1 No

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image text in transcribedhow do you figure out the earnings per share?
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A A A A XADA. A . AaBbCD AaBbCD AaBb C AaB 1 Normal 1 No Spac... Heading 1 Head . . Paragraph Styles Financial Statement Project (Fall 2019) Carr Company has the following ledger accounts and adjusted balances as of December 31, 2019. All accounts have normal balances. Carr's income tax rate is 20%. Carr has 300,000 shares of Common Stock authorized, 100,000 shares of Common Stock issued, and 95,000 shares of Common Stock outstanding. Accounts Payable.... 58,500 Accounts Receivable.... 405.000 Accumulated Depreciation-Building........... 112.500 Accumulated Depreciation Equipment...... 90,000 Administrative Expenses..... 90,000 Allowance for Doubtful Accounts........ 45,000 Bonds Payable. ... 400,000 Building... 1.125,000 Cash.. 58,500 Common Stock 600,000 Cost of Goods Sold...... 855.000 Discount on Bonds Payable... 10,000 Dividends. 30,000 Equipment............... 435.000 Income from Operations of Division X........ 90.000 (Division X is a component of Carr Company) Interest Revenue. ... 60,000 Inventory..... ............630,000 VIJL Financial Statement Problem Fall 2013 Review View Help Tell me what you want to esign Layout References Mailings E. .. 21 - 12 - A A Aa A X, X A.D.A. AaBbCD AaBbCD AaBb C A 1 Normal 1 No Spac... Heading 1 H . . Styles - Font Paragraph HOME on upea LS UI DIVISION A........ 70.000 (Division X is a component of Carr Company) Interest Revenue...... ... 60,000 Inventory...... ..630,000 Land (held for future use). .................. 450,000 Land (used for building)........ 247,500 Loss from Sale of Division X......... (Division X is a component of Carr Company) Loss on Sale of Investments.. .. 22,500 Mortgage Payable ...... ... 562,500 Paid-In Capital in Excess of Par.............. .396,000 Prepaid Rent. 22,500** Retained Earnings, January 1, 2019............ 562.500 Sales Discounts.. Sales Returns and Allowances.. ... 45,000 ... 75.000 Sales Revenue........ Selling Expenses...... ...........2,302,500 Trademark.......... Treasury Stock..... 67,500 .. 60,000 *540,000 of the principal comes due in 2019. .. 292,500 **Two years rent on offsite document storage paid in advance. -earch LOR mult step icche shoot 2302500 usodo 75 000 12000 Basso 1327500 Sales Sales Reserve less sales descents Sales Cekuens And Net sales Cosk or Goods Sold - Gross Profit Operation Expenses Sening Expenses Admn Expense Income from operations Other Revenues & Grains 29isco aboo (382'500 945'000 Loodo Interest Revenue Lots on sale of investment 321 500 982.500 (196560) 78 'OUXS) Income becae income tax Income tax 20 Income from Continuing Operations Discontinued operation's I come from. Operacions de lesion , net 190'000.50) Loss On Sald Of Dwion, net (ISO'coox So Net Income 71000 144.000 12'000 14100 Earnings Per share Income from continuing Operations (1984 Income from operations of discontinued dv/ret of tax (72' boo/ Loss on disposde of discontinued operations, net op tok Liso cool Net Income A A A A XADA. A . AaBbCD AaBbCD AaBb C AaB 1 Normal 1 No Spac... Heading 1 Head . . Paragraph Styles Financial Statement Project (Fall 2019) Carr Company has the following ledger accounts and adjusted balances as of December 31, 2019. All accounts have normal balances. Carr's income tax rate is 20%. Carr has 300,000 shares of Common Stock authorized, 100,000 shares of Common Stock issued, and 95,000 shares of Common Stock outstanding. Accounts Payable.... 58,500 Accounts Receivable.... 405.000 Accumulated Depreciation-Building........... 112.500 Accumulated Depreciation Equipment...... 90,000 Administrative Expenses..... 90,000 Allowance for Doubtful Accounts........ 45,000 Bonds Payable. ... 400,000 Building... 1.125,000 Cash.. 58,500 Common Stock 600,000 Cost of Goods Sold...... 855.000 Discount on Bonds Payable... 10,000 Dividends. 30,000 Equipment............... 435.000 Income from Operations of Division X........ 90.000 (Division X is a component of Carr Company) Interest Revenue. ... 60,000 Inventory..... ............630,000 VIJL Financial Statement Problem Fall 2013 Review View Help Tell me what you want to esign Layout References Mailings E. .. 21 - 12 - A A Aa A X, X A.D.A. AaBbCD AaBbCD AaBb C A 1 Normal 1 No Spac... Heading 1 H . . Styles - Font Paragraph HOME on upea LS UI DIVISION A........ 70.000 (Division X is a component of Carr Company) Interest Revenue...... ... 60,000 Inventory...... ..630,000 Land (held for future use). .................. 450,000 Land (used for building)........ 247,500 Loss from Sale of Division X......... (Division X is a component of Carr Company) Loss on Sale of Investments.. .. 22,500 Mortgage Payable ...... ... 562,500 Paid-In Capital in Excess of Par.............. .396,000 Prepaid Rent. 22,500** Retained Earnings, January 1, 2019............ 562.500 Sales Discounts.. Sales Returns and Allowances.. ... 45,000 ... 75.000 Sales Revenue........ Selling Expenses...... ...........2,302,500 Trademark.......... Treasury Stock..... 67,500 .. 60,000 *540,000 of the principal comes due in 2019. .. 292,500 **Two years rent on offsite document storage paid in advance. -earch LOR mult step icche shoot 2302500 usodo 75 000 12000 Basso 1327500 Sales Sales Reserve less sales descents Sales Cekuens And Net sales Cosk or Goods Sold - Gross Profit Operation Expenses Sening Expenses Admn Expense Income from operations Other Revenues & Grains 29isco aboo (382'500 945'000 Loodo Interest Revenue Lots on sale of investment 321 500 982.500 (196560) 78 'OUXS) Income becae income tax Income tax 20 Income from Continuing Operations Discontinued operation's I come from. Operacions de lesion , net 190'000.50) Loss On Sald Of Dwion, net (ISO'coox So Net Income 71000 144.000 12'000 14100 Earnings Per share Income from continuing Operations (1984 Income from operations of discontinued dv/ret of tax (72' boo/ Loss on disposde of discontinued operations, net op tok Liso cool Net Income

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