Instnuisc a condensed inche extraordinary loss lclude all appropriate carings per statement, including proper presentation of the d in 201S, and in Febru. a. Prepare a ons and the extraordinary loss. leclude all appropriate carnings per In June S2 per share, payable in Janu. figures Assume that you expect the profitability of Pacific's airline next year and the estimate of the company's net earnings per share next year? operations to decline by 10 percen the profitability of the rental car operation to decline by 10 percent What is yoa s' equity section of the bat O12-5, Shown below are data relating to the operations of Beach, Inc, during 2015 -1, LO 012-1, LOI2-2, LO12 Continuing operations: $37,400,000 1 500,000 Net sales Costs and expenses (including applicable income taxes) Operating income during 2015 on segment of the business 12.2B ement and a Statement of Retained Earnings n a recent annual repot of Format of an income Other data: discontinued near year-end (net of income taxes Loss on disposal of discontinued segment (net of income 205,000 510.000 930,000 tax benefit Extraordinary loss (net of income tax benefi) Prior period adjustment (increase in 2014 amortization $ (8,490) $(16,026 expense, net of income tax benefit) Cash dlividends declared 310,000 2000 000 ....$ 6215 ...$ (2,778 39,739 Instructions shares of SI par value common stock and 100,000shares of S6, $100r b. Prepare a statement of retainod carnings for the year ended December 31, 2015. As originally c. Compate the amount of cash dividend per share of common stock decilaned by the bourd of a. Prepare a condensed income statement for 2015, including earnings pershare statistics Beach Inc., had 200.0 value preferred stock outstanding theouphout the year reported, retained carnings at December 31,2014, amounted to $10,700,000 directors for 2015. Assume no dividends in arrcars on the prefenod sock ne statement for Esper ate per-share amounts raordinary items, etc. Instnuisc a condensed inche extraordinary loss lclude all appropriate carings per statement, including proper presentation of the d in 201S, and in Febru. a. Prepare a ons and the extraordinary loss. leclude all appropriate carnings per In June S2 per share, payable in Janu. figures Assume that you expect the profitability of Pacific's airline next year and the estimate of the company's net earnings per share next year? operations to decline by 10 percen the profitability of the rental car operation to decline by 10 percent What is yoa s' equity section of the bat O12-5, Shown below are data relating to the operations of Beach, Inc, during 2015 -1, LO 012-1, LOI2-2, LO12 Continuing operations: $37,400,000 1 500,000 Net sales Costs and expenses (including applicable income taxes) Operating income during 2015 on segment of the business 12.2B ement and a Statement of Retained Earnings n a recent annual repot of Format of an income Other data: discontinued near year-end (net of income taxes Loss on disposal of discontinued segment (net of income 205,000 510.000 930,000 tax benefit Extraordinary loss (net of income tax benefi) Prior period adjustment (increase in 2014 amortization $ (8,490) $(16,026 expense, net of income tax benefit) Cash dlividends declared 310,000 2000 000 ....$ 6215 ...$ (2,778 39,739 Instructions shares of SI par value common stock and 100,000shares of S6, $100r b. Prepare a statement of retainod carnings for the year ended December 31, 2015. As originally c. Compate the amount of cash dividend per share of common stock decilaned by the bourd of a. Prepare a condensed income statement for 2015, including earnings pershare statistics Beach Inc., had 200.0 value preferred stock outstanding theouphout the year reported, retained carnings at December 31,2014, amounted to $10,700,000 directors for 2015. Assume no dividends in arrcars on the prefenod sock ne statement for Esper ate per-share amounts raordinary items, etc
