Earnings per share Financial statement data for the years 20Y5 and 20Y6 for Black Bull...
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Earnings per share Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow: a. Determine the earnings per share for 20Y5 and 20Y6. Round to two decimal places. b. Is the change in the earnings per share from 20Y5 to 20Y6 favorable or unfavorable? Entries for Stock Dividends Madrid Corporation has 21,000 shares of $40 par common stock outstanding. On August 2, Madrid Corporation declared a 5% stock dividend to be issued October 8 to stockholders of record on September 15. The market price of the stock was $57 per share on August 2. Journalize the entries required on August 2, September 15, and October 8. If an amount box does not require an entry, leave it blank. If no entry is required, select "No Entry Required" and leave the amount boxes blank. Entries for Cash Dividends The declaration, record, and payment dates in connection with a cash dividend of $80,000 on a corporation's common stock are October 1, November 7, and December 15. Journalize the entries required on each date. If no entry is required, choose "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank
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Earnings per share Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow: a. Determine the earnings per share for 20Y5 and 20Y6. Round to two decimal places. b. Is the change in the earnings per share from 20Y5 to 20Y6 favorable or unfavorable? Entries for Stock Dividends Madrid Corporation has 21,000 shares of $40 par common stock outstanding. On August 2, Madrid Corporation declared a 5% stock dividend to be issued October 8 to stockholders of record on September 15. The market price of the stock was $57 per share on August 2. Journalize the entries required on August 2, September 15, and October 8. If an amount box does not require an entry, leave it blank. If no entry is required, select "No Entry Required" and leave the amount boxes blank. Entries for Cash Dividends The declaration, record, and payment dates in connection with a cash dividend of $80,000 on a corporation's common stock are October 1, November 7, and December 15. Journalize the entries required on each date. If no entry is required, choose "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank 