微觀經(jīng)濟學(xué)dividends,retainedearningsandincomereporting-wenkub.com
2024-08-05 10:05 本頁面
【正文】 Profit minus preference dividends Average ordinary shareholders equity COMPANY INCOME STATEMENTS ? Include the same sections as in a proprietorship or a partnership except for the reporting of ine taxes ? For tax purposes, panies are considered to be a separate legal entity ? As a result, ine tax expense is reported in a separate section of the pany ine statement before profit PowerPoint presentation by Dr Anne Abraham, University of Western Sydney 30 LO4 COMPANY INCOME STATEMENTS continued ? Condensed ine statement shows typical presentation PowerPoint presentation by Dr Anne Abraham, University of Western Sydney 31 Sales $800 000 Cost of sales 600 000 Gross profit 200 000 Other ine 10 000 Expenses 54 000 Profit before ine taxes 156 000 Ine tax expense 46 800 Profit $109 200 LEADER LTD Ine Statement for the year ended 30 June 2020 COMPANY INCOME STATEMENTS continued ? Ine tax expense and related tax liability for ine taxes payable are recorded as part of the adjusting process ? Adjusting entry as at 30 June 2020 PowerPoint presentation by Dr Anne Abraham, University of Western Sydney 32 Ine Tax Expense 46 800 Ine Taxes Payable 46 800 (To record ine taxes for 2020) EARNINGS PER SHARE ? Earnings data are frequently reported in the financial press ? They are used by shareholders and investors to evaluate profitability ? Earnings per share (EPS) indicates the profit earned by each issued ordinary share ? Growth in a pany’s EPS is of particular interest PowerPoint presentation by Dr Anne Abraham, University of Western Sydney 33 LO5 EARNINGS PER SHARE continued ? EPS formula: ? EPS is generally reported below profit on the ine statement ? Investors often attempt to link EPS to market price per share PowerPoint presentation by Dr Anne Abraham, University of Western Sydney 34 = Earnings per share 247。1 Chapter 15 Companies: dividends, retained earnings and ine reporting PowerPoint presentation by Dr Anne Abraham University of Western Sydney 169。 Profit minus preference dividends Weighted average ordinary shares issued PowerPoint presentation by Dr Anne Abraham, University of Western Sydney 35 EPS amp。 Sons Australia, Ltd DIVIDENDS ? A dividend is a distribution by a pany to its shareholders on a pro rata (proportional) basis ? Dividends can take 4 forms: cash, property, scrip (promissory note to pay cash) or shares ? Dividends can be expressed as either: –a percentage of the stated value of the share or –a dollar amount per share PowerPoint presentation by Dr Anne Abraham, University of Western Sydney 2 LO1 Cash dividends ? A cash dividend is a pro rata distribution of cash to shareholders ? For a corporation to pay a cash dividend it must have: –retained earnings –adequate cash –a declaration of dividends PowerPoint presentation by Dr Anne Abraham, University of Western Sydney 3 Cash dividends continued Entries for cash dividends ? Four dates are important in connection with dividends
環(huán)評公示相關(guān)推薦
鄂ICP備17016276號-1