ANSWER
| Part 1 |
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| Calculation of Weighted average number of shares: |
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| Beginning Shares |
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260,000 |
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| Less: Feb 28 |
6,000/12*10 |
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-5,000 |
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| Add: Oct 31 |
6,000/12*2 |
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1,000 |
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| Add: Nov 30 |
24,000/12 |
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2,000 |
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| Weighted Avg No of Shares |
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b |
258,000 |
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| Net Income |
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a |
$ 1,419,000 |
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| 2021 EPS |
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a/b |
$
5.50 |
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| Part 2 |
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| Calculation of Weighted average number of shares: |
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|
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|
|
| Beginning Shares |
|
|
260,000 |
|
| Less: Feb 28 |
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-6,000 |
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| Add: Oct 31 |
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|
6,000 |
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| Add: Nov 30 |
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24,000 |
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284,000 |
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| Stock Split |
284,000*2 |
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568,000 |
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| Weighted Avg No of Shares |
|
b |
568,000 |
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| Net Income |
|
a |
$ 1,419,000 |
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| 2022 EPS |
|
a/b |
$
2.50 |
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| Part 3 |
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| 2021 EPS in 2022 Comparative Statement: |
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| Net Income |
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a |
$ 1,419,000 |
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| No of Shares (258,000*2) |
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b |
516,000 |
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| 2021 EPS in 2022 Comparative Statement: |
|
a/b |
$
2.75 |
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================
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IF YOU HAVE ANY QUERY PLEASE ASK ME IN THE COMMENT BOX,I AM HERE
TO HELP YOU.PLEASE GIVE ME POSITIVE RATING..
****************THANK YOU****************
