How to compare the earnings per share during the years, Accounting Basics

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How to compare the earnings per share during the years

The 2010 annual report of Software City, Inc., included the following comparative summary of earnings per share over the last three years:

Earnings per share- 2010: $3.15... 2009: $2.40... 2008: $1.64
In 2011, Software city inc, declared and distributed a 100 percent stock dividend. Following this stock dividend, the company reported earnings per share of $1.88 for 2011.

A. Prepare a three-year schedule similar to the one above, but compare earnings per share during the years 2011, 2010, and 2009. (hint: all per-share amounts in your schedule should be based on the number of shares outstanding after the stock dividend.) Round your answers to 2 decimal places.

Earnings per share- 2011 ? .... 2010 ?.... 2009 ?

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Accounting Basics: How to compare the earnings per share during the years

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Accounting Basics: How to compare the earnings per share during the years

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Recent Questions Asked Accounting Basics

Q : Prepare the journal entry to record payment of interest

Q : Prepares financial statements

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Q : How to compare the earnings per share during the years

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: How to compare the earnings per share during the years

Reference No:- TGS0705690

Recent Questions Asked Accounting Basics

Q : Prepare the journal entry to record payment of interest

Q : Prepares financial statements

Q : Determine the amount of cash that the company paid

Q : What is the cost of equity for abc

Q : How to compare the earnings per share during the years

Q : Prepare a report for the president describing

Q : Explain the expected return of the portfolio

Q : Compute the partners ending capital balances

Q : Prepare a stockholders equity section at december

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