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Please solve 2 and 3rd part Except for the earnings per share statistics, the 2019, 2020, and 2021 income statements for Ace Group Inc. were
Please solve 2 and 3rd part
Except for the earnings per share statistics, the 2019, 2020, and 2021 income statements for Ace Group Inc. were originally presented as follows: Required: 1. Calculate the 11 missing amounts. (Loss should be indicated by a minus sign.) Answer is complete and correct. 2019 2020 2021 Sales $ 477,855 Costs and expenses Profit from continuing operations Gain (loss) on discontinued operations Profit (loss) 162,920 $ 314,935 (158,941) $ 155,994 $ 698,040 1,009,900 245,500 329,070 $ 452,540$ 680,830 83,160 (110,075) $ 535,700 $ 570 755 Saved Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It cose not indicate completion. Help Save & E Return Purchase and retirement of shares on September 1, 2021 Share split of 3:1 on October 1, 2021 Shares outstanding on December 31, 2021 5,250 131,260 196,890 *No preferred shares have been issued. 2. Calculate the weighted average number of common shares outstanding during the following years: (Do not round intermediate calculations. Round your answers to nearest whole number.) * Answer is complete but not entirely correct. 2019 2020 2021 Weighted average outstanding shares 40,484 52,543 98,818 X Check my work mode: This shows what is correct or incorrect for the work you have pleted so focoes not indicate completion RE ZUTY ZUZU ZUZT Weighted average outstanding shares 40,484 X 52,543 98,818 X 3. Prepare the earnings per share income statement presentation during the following years: (Round your answers to 2 decimal places. Negative amounts should be indicated by a minus sign.) X Answer is not complete. 2019 2020 2021 Profit from continuing operations Gain from discontinued operations $ 0.00 $ 0.00 0.00 1. Calculate the 11 missing amounts. (Loss should be indicated by a minus sign.) Answer is complete and correct. 2019 2020 2021 Sales $ 477,855 $ 698,040 162,920 Costs and expenses Profit from continuing operations Gain (loss) on discontinued operations Profit (loss) $ 314,935 $ 1,009,900 329,070 $ 680,830 (110,075) $ 570,755 245,500 $ 452,540 83,160 $ 535,700 (158,941) $ 155,994 Answer is complete and correct. Information on Common Shares for Ace Group Inc.* Shares outstanding on December 31, 2018 Purchase and retirement of shares on March 1, 2019 34,300 3,980 Answer is complete and correct. 34,300 3,980 14,680 2,250 Information on Common Shares for Ace Group Inc. * Tes outstanding on December 31, 2018 chase and retirement of shares on March 1, 2019 e of shares on June 1, 2019 are dividend of 5% on August 1, 2019 ares outstanding on December 31, 2019 le of shares on February 1, 2020 urchase and retirement of shares on July 1, 2020 nares outstanding on December 31, 2020 ale of shares on March 1, 2021 Purchase and retirement of shares on September 1, 2021 Share split of 3:1 on October 1, 2021 Shares outstanding on December 31, 2021 47,250 6,860 + + 1,990 52,120 18,760 5,250 131,260 196,890 + Prev 1 of 5 earch DELL UL R Except for the earnings per share statistics, the 2019, 2020, and 2021 income statements for Ace Group Inc. were originally presented as follows: Required: 1. Calculate the 11 missing amounts. (Loss should be indicated by a minus sign.) Answer is complete and correct. 2019 2020 2021 Sales $ 477,855 Costs and expenses Profit from continuing operations Gain (loss) on discontinued operations Profit (loss) 162,920 $ 314,935 (158,941) $ 155,994 $ 698,040 1,009,900 245,500 329,070 $ 452,540$ 680,830 83,160 (110,075) $ 535,700 $ 570 755 Saved Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It cose not indicate completion. Help Save & E Return Purchase and retirement of shares on September 1, 2021 Share split of 3:1 on October 1, 2021 Shares outstanding on December 31, 2021 5,250 131,260 196,890 *No preferred shares have been issued. 2. Calculate the weighted average number of common shares outstanding during the following years: (Do not round intermediate calculations. Round your answers to nearest whole number.) * Answer is complete but not entirely correct. 2019 2020 2021 Weighted average outstanding shares 40,484 52,543 98,818 X Check my work mode: This shows what is correct or incorrect for the work you have pleted so focoes not indicate completion RE ZUTY ZUZU ZUZT Weighted average outstanding shares 40,484 X 52,543 98,818 X 3. Prepare the earnings per share income statement presentation during the following years: (Round your answers to 2 decimal places. Negative amounts should be indicated by a minus sign.) X Answer is not complete. 2019 2020 2021 Profit from continuing operations Gain from discontinued operations $ 0.00 $ 0.00 0.00 1. Calculate the 11 missing amounts. (Loss should be indicated by a minus sign.) Answer is complete and correct. 2019 2020 2021 Sales $ 477,855 $ 698,040 162,920 Costs and expenses Profit from continuing operations Gain (loss) on discontinued operations Profit (loss) $ 314,935 $ 1,009,900 329,070 $ 680,830 (110,075) $ 570,755 245,500 $ 452,540 83,160 $ 535,700 (158,941) $ 155,994 Answer is complete and correct. Information on Common Shares for Ace Group Inc.* Shares outstanding on December 31, 2018 Purchase and retirement of shares on March 1, 2019 34,300 3,980 Answer is complete and correct. 34,300 3,980 14,680 2,250 Information on Common Shares for Ace Group Inc. * Tes outstanding on December 31, 2018 chase and retirement of shares on March 1, 2019 e of shares on June 1, 2019 are dividend of 5% on August 1, 2019 ares outstanding on December 31, 2019 le of shares on February 1, 2020 urchase and retirement of shares on July 1, 2020 nares outstanding on December 31, 2020 ale of shares on March 1, 2021 Purchase and retirement of shares on September 1, 2021 Share split of 3:1 on October 1, 2021 Shares outstanding on December 31, 2021 47,250 6,860 + + 1,990 52,120 18,760 5,250 131,260 196,890 + Prev 1 of 5 earch DELL UL R
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