can someone please assist with these questions Chapter 19 - Earnings per Share 81. Ir net income is $25,000 and there were 18.000 common shares issued and outstanding the entire year, and 100 cumulative, nonconvertible, 6% $100 per preferred shares outstanding the entire year, what is EPS if no dividends were declared during the year. There are two years' dividends in arrears on the preferred shares. A) $1.39 B) $1.18 C) $1.25 D) $1.16 E) $1.36 Ans: E Difficulty: Medium Level of Learning: Application Topic: LO3 82. WEIGHTY Inc. started the current year with 2.000 common shares issued, but only 1,500 were outstanding at that time. The following events took place during the current year: March 30 issued 200 previously unissued shares June 1 sold 400 treasury shares December 1 purchased 100 treasury shares December 31 issued 500 previously unissued shares What is WEIGHTY's denominator of earnings per share for the current year? A) 1,917 B) 2,375 C) 1,875 D) 2,125 Ans: C Difficulty: Medium Level of Learning: Application Topic: LO3 83. A firm has 10,000 common shares outstanding on January 1 of the current year. The following events take place during the current year: May 1 issued 3,000 new common shares June 30 purchased 4,000 shares for the treasury October 31 distributed a 20% stock dividend December 1 rcissued the June 30 treasury stock What is the weighted average number of shares to be used for computing EPS? A) 8,333 B) 14,133 C) 10,000 D) 12,333 An D Difficulty: Medium Level of Learning: Application Topic: LO3

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#1] NI for common stockholders = 25000-100*100*6% = $ 24,400 EPS = 23800/18000 = $ 1.36 Answer: E #2] Date Number of Shares Weighted number of shares Jan-01 1500 =1500*3/12 375 Mar-30 1700 =1700*2/12 283 Jun-01 2100 =2100*6/12 1050 Dec-01 2000 =2000*1/12 167 Denominator of EPS for current year 1875 Answer: C #3] Date Number of Shares Weighted number of shares Jan-01 10000 =10000*4/12 3333 May-01 13000 =13000*2/12 2167 Jun-30 9000 =9000*4/12 3000 Oct-31 10800 =9000*1/12 750 =1800*11/12 1650 Dec-01 14800 =14800*1/12 1233 Weighted number of shares 12133 Difference in solution is 200 .

Can someone please assist with these questions Chapte…

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#1]	NI for common stockholders = 25000-1001006% =	$ 24,400
	EPS = 23800/18000 =	$ 1.36
	Answer: E
#2]	Date	Number of Shares		Weighted number of shares
	Jan-01	1500	=1500*3/12	375
	Mar-30	1700	=1700*2/12	283
	Jun-01	2100	=2100*6/12	1050
	Dec-01	2000	=2000*1/12	167
	Denominator of EPS for current year			1875
	Answer: C
#3]	Date	Number of Shares		Weighted number of shares
	Jan-01	10000	=10000*4/12	3333
	May-01	13000	=13000*2/12	2167
	Jun-30	9000	=9000*4/12	3000
	Oct-31	10800	=9000*1/12	750
			=1800*11/12	1650
	Dec-01	14800	=14800*1/12	1233
	Weighted number of shares			12133
	Difference in solution is 200

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