Question
Q 1)- You are given the following information about KER Ltd:- 30,000 common shares outstanding on Jan 31,2012 5000 preferred shares, no-par, $1.30 ( cumulative,
Q 1)- You are given the following information about KER Ltd:-
30,000 common shares outstanding on Jan 31,2012
5000 preferred shares, no-par, $1.30 ( cumulative, nonconvertible) outstanding on January 1
2000 shares sold on March 1,2012
1000 shares sold on September 1,2012
2 for 1 stock split recorded on October 1,2012
net income for the year $ 340,000
calculate the basic eps........
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Ethics in Accounting A Decision Making Approach
Authors: Gordon Klein
1st edition
1118928334, 978-1118928332
