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The EASY Corporation has the following information relating to its share capital: 10% Preference shares, cumulative, P100 par value, 30,000 shares authorized, 20,000 shares outstanding
The EASY Corporation has the following information relating to its share capital:
- 10% Preference shares, cumulative, P100 par value, 30,000 shares authorized, 20,000 shares outstanding - P2,000,000
- Ordinary shares, P10 par value, 500,000 authorized, 300,000 shares outstanding - P3,000,000
Required: Compute the earnings per share assuming that the reported profit of the company is P750.000.
The EASY Corporation has the following information relating to its share capital:
- 10% Preference shares, cumulative, P100 par value, 30,000 shares authorized, 20,000 shares outstanding - P2,000,000
- Ordinary shares, P10 par value, 500,000 authorized, 300,000 shares outstanding - P3,000,000
Required: Compute the earnings per share assuming that the reported profit of the company is P750.000.
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