On ACC 309 7-1 Final Project Guidelines and Rubric, it says, "G. Determine the impact on earnings per share of I. Workbook." Is it saying that it wants me to work on parts of this assignment's workbook, which requires calculating and including the earnings per share in their respective cells on the worksheet called EPS?

ACC 309 Final Project Guidelines and Rubric Overview In the accounting field, you will often be expected to both enter calculations accurately and articulate what this information means to internal and external stakeholders. In addition, you will be expected to propose financial solutions when a company is faced with a policy change, or when the company's regulations change. For this project, imagine that you have just started in a new role as a financial accountant preparing for a year-end audit. In addition, you are charged with showing the financial impacts of the company's recent initiatives. You will revise year-end financial statements to reflect these changes, compose notes to the financial statements, and compose an executive summary to explain the impacts to stakeholders. You will create these documents based on information in the Final Project Scenario and Final Project Workbook. Prompt Specifically, the following critical elements must be addressed. Most of the critical elements align with a particular course competency (shown in brackets). 1. 5-1 [ Workbook: Calculate relevant ratios, payouts, obligations, and prepare appropriate adjusting entries and revised financial statements. Be sure to complete all tabs in the spreadsheet. A. Calculate capital lease obligations for determining debt and depreciation. [ACC-309-02] B. Calculate pension payouts to determine the company's financial obligations. [ACC-309-01] C. Prepare appropriate adjusting entries. [ACC-309-01] D. Complete the Adjusted Trial Balance. [ACC-309-01) E. Prepare revised financial statements for year-end audit that flow logically within the document. [ACC-309-01] F. Prepare a statement of comprehensive income to ensure alignment with applicable rules and regulations. [ACC-309-01] G. Determine the impact on earnings per share [ACC-309-02] Chapter 16 H. Prepare financial statements for year-end audit with appropriate changes that flow logically within the document. [ACC-309-01] 144 $12,428,719.26 + $600,000 B G H K M 1 HOME D E F Peyton Approved Earnings per Share For Year Ended 12/31/20XX 2 3 4 5 6 7 8 Net Income Less: Preferred Dividends Earnings Available to Common Shareholders Common Shares Outstanding Basic EPS correct correct correct correct correct $ 12.428,719.26 $12,428,719.26 is balance for Net income after income taxes from Revised Income Statement f $ 50,000.00 $50,000 is from ending balance of Cash dividends of Preferred stock on Trial Balance Sheet for $ 12,378,719.26 Net income ($12,428,719.26) - Preferred dividends ($50,000) $12,378,71 1,750,000 Common outstanding shares issued (1,750,000) is from Revised Balance Sheet for Dec 31, 20) $ 7.07 Earnings Available to Common Shareholders ($12,378,719.26)/Common outstanding shares af 9 10 11 12 If all preferred shares are converted: 13 14 15 16 Net Income correct Additional Common Shares correct Common Shares Outstanding after conversion correct EPS if preferred shares converted correct Preferred shares are antidilutive $ 12,428,719.26 $12,428,719.26 is balance for Net income after income taxes from Revised Income Statement f 5,000 5,000 is issued shares of Preferred stock from Revised Balance Sheet for 2017 1,755,000 Common outstanding shares issued (1,750,000) + Additional Common Shares (5,000) $ 7.08 Net income after income taxes ($12,428,719.26)/Common outstanding shares after conversion $ 17 18 19 20 If all bonds are converted: Net Income 21 correct $ 12,428,719.26 $12,428,719.26 is balance for Net income after income taxes from Revised Income Statement ACC 309 Final Project Guidelines and Rubric Overview In the accounting field, you will often be expected to both enter calculations accurately and articulate what this information means to internal and external stakeholders. In addition, you will be expected to propose financial solutions when a company is faced with a policy change, or when the company's regulations change. For this project, imagine that you have just started in a new role as a financial accountant preparing for a year-end audit. In addition, you are charged with showing the financial impacts of the company's recent initiatives. You will revise year-end financial statements to reflect these changes, compose notes to the financial statements, and compose an executive summary to explain the impacts to stakeholders. You will create these documents based on information in the Final Project Scenario and Final Project Workbook. Prompt Specifically, the following critical elements must be addressed. Most of the critical elements align with a particular course competency (shown in brackets). 1. 5-1 [ Workbook: Calculate relevant ratios, payouts, obligations, and prepare appropriate adjusting entries and revised financial statements. Be sure to complete all tabs in the spreadsheet. A. Calculate capital lease obligations for determining debt and depreciation. [ACC-309-02] B. Calculate pension payouts to determine the company's financial obligations. [ACC-309-01] C. Prepare appropriate adjusting entries. [ACC-309-01] D. Complete the Adjusted Trial Balance. [ACC-309-01) E. Prepare revised financial statements for year-end audit that flow logically within the document. [ACC-309-01] F. Prepare a statement of comprehensive income to ensure alignment with applicable rules and regulations. [ACC-309-01] G. Determine the impact on earnings per share [ACC-309-02] Chapter 16 H. Prepare financial statements for year-end audit with appropriate changes that flow logically within the document. [ACC-309-01] 144 $12,428,719.26 + $600,000 B G H K M 1 HOME D E F Peyton Approved Earnings per Share For Year Ended 12/31/20XX 2 3 4 5 6 7 8 Net Income Less: Preferred Dividends Earnings Available to Common Shareholders Common Shares Outstanding Basic EPS correct correct correct correct correct $ 12.428,719.26 $12,428,719.26 is balance for Net income after income taxes from Revised Income Statement f $ 50,000.00 $50,000 is from ending balance of Cash dividends of Preferred stock on Trial Balance Sheet for $ 12,378,719.26 Net income ($12,428,719.26) - Preferred dividends ($50,000) $12,378,71 1,750,000 Common outstanding shares issued (1,750,000) is from Revised Balance Sheet for Dec 31, 20) $ 7.07 Earnings Available to Common Shareholders ($12,378,719.26)/Common outstanding shares af 9 10 11 12 If all preferred shares are converted: 13 14 15 16 Net Income correct Additional Common Shares correct Common Shares Outstanding after conversion correct EPS if preferred shares converted correct Preferred shares are antidilutive $ 12,428,719.26 $12,428,719.26 is balance for Net income after income taxes from Revised Income Statement f 5,000 5,000 is issued shares of Preferred stock from Revised Balance Sheet for 2017 1,755,000 Common outstanding shares issued (1,750,000) + Additional Common Shares (5,000) $ 7.08 Net income after income taxes ($12,428,719.26)/Common outstanding shares after conversion $ 17 18 19 20 If all bonds are converted: Net Income 21 correct $ 12,428,719.26 $12,428,719.26 is balance for Net income after income taxes from Revised Income Statement