Accountancy Forum
  • Home
  • Members
  • Team
  • Help
  • Search
  • Register
  • Login
  • Home
  • Members
  • Help
  • Search
Accountancy Forum The Profession Accounting and Audit v
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 … 28 Next »
Calculating EPS on Discontinued Operations

 
  • 0 Vote(s) - 0 Average
Calculating EPS on Discontinued Operations
Canadian Kid
Offline

Junior Member

Posts: 1
Threads: 1
Joined: Sep 2014
Reputation: 0
#1
09-23-2014, 07:49 AM
Hi, I'm studying accounting and I can't figure out how to calculate the Discontinued Operations Earnings per Share on the Statement of Comprehensive Income Statement. I figured out Income from Continuing Operations and Net Income by using this formula:

(Net Income - Preferred Dividends)/ # of common shares outstanding.

This formula gave me the correct answer for Net Income and Income from Continuing Operations but when I plug in Discontinued operations, I get the wrong answer.

The EPS is 0.67. Discontinued Operations is listed as Loss from Disposal: 250,000 (net of tax $62,500), Loss from Operations: 150,000(net of tax $37,500) for a total of 400,000.

Preferred dividend = 50,000
Common dividend = 200,000
Total outstanding common shares for year = 600,000

Any help is appreciated!
tazammal
Offline

Banned
Posts: 1
Threads: 0
Joined: Sep 2014
#2
09-29-2014, 12:24 PM
Hi, I'm studying accounting and I can't figure out how to calculate the Discontinued Operations Earnings per Share on the Statement of Comprehensive Income Statement. I figured out Income from Continuing Operations and Net Income by using this formula:

(Net Income - Preferred Dividends)/ # of common shares outstanding.HeartTongue
blue_oceans79
Offline

Junior Member

Posts: 10
Threads: 0
Joined: Aug 2009
Reputation: 0
#3
12-24-2014, 08:11 PM
EPS from discontinued operations shall be straight forward.


earning/loss from discontinued operations/number of shares.
« Next Oldest | Next Newest »

Users browsing this thread: 1 Guest(s)



  • View a Printable Version
  • Subscribe to this thread
Forum Jump:

Copyright 2002-2021 Accountancy. All rights reserved.

Linear Mode
Threaded Mode