er taxes, of R227 000 and preference share dividends of R10 000. If the company had a number of ordinary shares outstanding of 76 262, what was its earnings per share (EPS)?

Answers

Answer 1

The company's earnings per share (EPS) was calculated to be R3.03

Earnings per share (EPS) is calculated by dividing the company's net income by its number of outstanding shares. In order to calculate EPS, we must first calculate the company's net income. The net income of the company is given as R227,000 from regular taxes and R10,000 from preference share dividends. Therefore, the company's total net income is R237,000.Next, we must calculate the company's earnings per share (EPS). We are given that the company had a number of ordinary shares outstanding of 76,262. Therefore, the company's EPS is calculated as follows:Earnings per share (EPS) = (Net income - Preferred dividends) / Number of outstanding sharesEarnings per share (EPS) = (R237,000 - R10,000) / 76,262Earnings per share (EPS) = R3.03Therefore, the company's earnings per share (EPS) was R3.03.Summary: Earnings per share (EPS) is calculated by dividing the company's net income by its number of outstanding shares. In this problem, we are given that the company had a net income of R237,000 from regular taxes and preference share dividends, and a number of ordinary shares outstanding of 76,262. Therefore, the company's earnings per share (EPS) was calculated to be R3.03.

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Related Questions

Impact of Fast Fashion on consumer behaviour’s

Answers

Fast fashion has led to increased consumer demand, shorter product life cycles, and unsustainable consumption patterns, contributing to environmental and social impacts.

The impact of fast fashion on consumer behaviors can be significant and has several implications:

Increased Consumption: Fast fashion promotes a culture of constant buying and frequent clothing turnover. Consumers are encouraged to purchase more items due to low prices and the perception of fast-changing trends.Impulse Buying: Fast fashion relies on creating a sense of urgency and scarcity, leading to impulse purchases. Consumers may buy items they don't necessarily need or truly want.Disposability Mindset: Fast fashion contributes to a mindset of disposable clothing. Consumers may view garments as short-term, leading to a decrease in care and quality expectations.Environmental Impact: The high demand for fast fashion results in excessive resource consumption, pollution, and waste generation. The production processes and disposal of clothing have significant environmental consequences.Ethical Concerns: Fast fashion is associated with unethical labor practices, such as exploitation of workers in low-wage countries, poor working conditions, and human rights violations.

These factors combined can lead to overconsumption, waste, environmental degradation, and social issues within the fashion industry.

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In the prepare phase of your analysis, you described the data sources you used. According to the Case Study Roadmap, this description should include where the data is located and how it is organized. It should also consider issues with bias or credibility, problems with the data, and how you verified its integrity. Finally, your description should explain how the data helped you answer your questions. Take a moment to review your description now. What steps could you take to make it even more descriptive? 1 point

Answers

To make the description of the data sources in the prepare phase more descriptive, you can consider the following steps:

Specify the location of the dataDetail the organization of the dataAddress bias and credibility

Some steps to make the data sources more descriptive

Specify the location of the data: Provide specific information about the sources of the data, such as the name of the database, website, or organization where the data was obtained. If applicable, mention any specific datasets or files used.

Detail the organization of the data: Describe how the data is structured or organized, whether it is in a tabular format, spreadsheets, databases, or any other specific format. Mention the variables or fields present in the data and how they are arranged.

Address bias and credibility issues: Discuss any potential biases or credibility concerns associated with the data sources. Consider the source's reputation, the methodology used to collect the data, and any known limitations or biases in the data collection process.

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Which of the following statements about short-term goals is false?
b.
a. An example of a short-term goal would be "buy a house in 2 years."
You can work on a short-term goal immediately.
Short-term goals can be accomplished quickly.
d. Your short-term goals should be specific.
c.
Please select the best answer from the choices provided
OA
OB
OC
OD

Answers

The false statement about short-term goals is:

You can work on a short-term goal immediately. Option B

The false statement among the options

While it is true that short-term goals are generally goals that can be accomplished in the near future, the immediacy of working on a short-term goal may vary depending on the goal itself and the necessary steps to achieve it.

Some short-term goals may require immediate action, while others may require planning, preparation, or the completion of certain prerequisites before actively working towards them. Therefore, the statement that you can work on a short-term goal immediately is not universally true.

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