Earnings Per share (EPS). Intermediate Accounting | CPA Exam

[@hoorfasihat5670]

your teaching methodology is great finally i can understand it ...THANKYOU SIR .

[@AccountingLectures]

Most welcome. Please check my website for more. Start your free trial : farhatlectures.com/

[@judithitzelcortes1663]

great! finally I can understand!! thanks

[@AccountingLectures]

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[@suneelkumarpolisetty6352]

I think in second example The answer as per given question comes out to 259333 (weighted avg common shares) If at all to come to 246332 then purchase of 39k shares date need to be changed to may1(after stock dividend)

[@marybellandry2975]

I think so too unless there’s a backdating rule on purchased shares that I’m missing.

[@TChannell404]

Can you walk me through this one or do a video of it. An S corporation’s only transaction for the year was the receipt of $10,000 in tax-exempt interest. How would a $6,000 distribution be taxed to the sole shareholder if the S corporation has an accumulated adjustments account of a negative $6,500 at the beginning of the year? I believe its 10,000 minus -6500 = 3500 then the 10% tax rate = $350 but I'm not exactly sure and think I'm missing something when I review your video on Tax exempt interest, accumulated adjustment accounts AAA and OAA. I sent an email also; any feedback is appreciated. I've read so much in the text it just doesn't make a whole lot of sense. 🙂