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marusya05 [52]
3 years ago
14

the 2020 income statement of wasmeier corporation showed net income of $480,000 and a loss from discontinued operations of $120,

000. Grouper had 100,000 shares of common stock outstanding all year.Prepare Grouper’s income statement presentation of earnings per share.
Business
1 answer:
kotykmax [81]3 years ago
7 0

Answer:

Wasmeier corporation grouper’s income statement presentation of earnings per share is given below.

Net income/(loss) from continued operation                 $480,000

Net income/(loss) from discontinued operations          ($120,000)

Consolidated Net income/(Loss)                                    $360,000

Basic EPS*                                                                           3.6

Dilutive EPS                                                                        3.6

Calculation:

EPS is calculated by dividing net profit with total outstanding common stock.

* EPS = 360,000/ 100,000 = 3.6 per share

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Answer:

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Explanation:

A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time. The bond issuer are expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.

A yield to maturity can be defined as the bond's total rate of return required by the secondary market while the coupon rate is defined as the annual interest of a bond divided by its face value.

Hence, if the coupon rate on a bond is higher than the yield to maturity, the current yield on the bond is lower now than when the bond was originally issued.

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3 years ago
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When the amount of insurance written in a property policy is not subject to any coinsurance provision and that amount is paid in the event of a covered loss, the coverage is said to be written as stated amount.

<h3>What is stated amount?</h3>

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The stated amount is given for insurance to show the worth of a property that is insured.

Insurance helps to prevent total loss on a property incase of some unforeseen circumstance.

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Learn more on stated amount below

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