On 1/1/2019 Jawed corporation had 10,000 of ordinary shares (C.S) outstanding. During 2019, it had the following transactions that affected the ordinary shares account:
Determine the weighted-average number of shares outstanding as of December 31, 2019.
Assume the net income of the company is $100,000 and the preferred dividends $30,000. Compute EPS.
If the company on November 1 transferred $100,000 Bonds to 5,000 ordinary shares:
What would be the total shares at that date only?
Define this type of bonds and clarify its impact on the earning per share?
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