Basic earnings per share-consideration the stock split, Accounting Basics

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Basic earnings per share-consideration the stock split

On January 31, 2010, Pack, Inc. split its common stock 2 for 1, and Young, Inc. issued a 5% stock dividend. Both companies issued their December 31, 2009 financial statements on March 1, 2010. Should Pack's 2009, basic earnings per share (BEPS) take into consideration the stock split, and should Young's 2009 BPS take into consideration the stock dividend?

Pack's 2009 BEPS Young's 2009 BEPS

a. Yes No
b. No No
c. Yes Yes
d. No Yes

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Accounting Basics: Basic earnings per share-consideration the stock split

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Accounting Basics: Basic earnings per share-consideration the stock split

Reference No:- TGS071774

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : What amount should gordon report as inventory

Q : Adjusting entries for accrued interest revenue

Q : Accounting value dimensions affect nations financial report

Q : Income taxes on disposal of the stock

Q : Basic earnings per share-consideration the stock split

Q : Cox diluted earnings per share

Q : Devine basic earnings per share

Q : Appropriate number of shares used in the basic earning share

Q : Changes in retained earnings

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Ask an Expert for Answer!!

Accounting Basics: Basic earnings per share-consideration the stock split

Reference No:- TGS071774

Recent Questions Asked Accounting Basics

Q : What amount should gordon report as inventory

Q : Adjusting entries for accrued interest revenue

Q : Accounting value dimensions affect nations financial report

Q : Income taxes on disposal of the stock

Q : Basic earnings per share-consideration the stock split

Q : Cox diluted earnings per share

Q : Devine basic earnings per share

Q : Appropriate number of shares used in the basic earning share

Q : Changes in retained earnings

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