Discover the answers you need at Westonci.ca, a dynamic Q&A platform where knowledge is shared freely by a community of experts. Discover the answers you need from a community of experts ready to help you with their knowledge and experience in various fields. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.
Sagot :
Answer:
C. $1.78 $1.75
Explanation:
Calculation for What amounts should Strauch report as earnings per share in its 2025 and 2024 comparative income statements issued early in 2026
Calculation for What amounts should Strauch report as earnings per share in its 2025
First step is to calculate the Weighted average shares for year 2025
Weighted average shares 2025 = [100,000 + 20,000(9/12)]÷2
Weighted average shares 2025=(100,000+15,000)*2
Weighted average shares 2025=115,000*2
Weighted average shares 2025= 230,000
Now let calculate the Earnings per share for year 2025
2025 Earnings per share for year= $410,000/230,000
2025 Earnings per share for year= $1.78
Therefore the 2025 Earnings per share for year will be $1.78
Calculation for What amounts should Strauch report as earnings per share in its 2024
First step is to calculate the Weighted average shares for year 2024
Weighted average shares 2024= 100,000(2)
Weighted average shares 2024= 200,000
Now let calculate the Earnings per share for year 2024
2024 Earnings per share = $350,000/200,000 2024 Earnings per share= $1.75
Therefore the Earnings per share for year 2024 will be $1.75
We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.