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No explanation needed. Just answer is ok. Thanks. For the year ended December 31, 2020. Pony Company earned $6,500,000 net income. Outstanding preferred shares included
No explanation needed. Just answer is ok. Thanks.
For the year ended December 31, 2020. Pony Company earned $6,500,000 net income. Outstanding preferred shares included 1,000,000 in 3% cumulative preferred shares issued on January 1, 2017 and $2,000,000 in 5% non-cumulative preferred shares issued on January 1, 2020. Dividends were not declared in 2019 or 2018. On December 31, 2020. Pony Company declared $20,000 in preferred dividends. What is the numerator for basic EPS calculations? 6,470,000 6,310,000 6,410,000 A 6,500,000 6.420,000 The tax rate was 32% in 2020 and was 34% in 2021. These rates were not known or enacted in advance. Renter Co. had a prepaid rent balance of $30,000 at December 31, 2020 and $20,000 at December 31, 2021. Renter Co. has adopted IFRS. At December 31, 2021, what amount will the DIT Expense account be debited or credited for as part of the deferred tax entries? Do not use brackets, commas or dollar signs. Round to the nearest dollar. YourStep by Step Solution
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