
Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
Edition 3ISBN: 978-0132962339
Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
Edition 3ISBN: 978-0132962339 Exercise 10
Use the Amazon.com financial statements in Appendix A at the end of this book to answer the following questions.
Requirements
1. Show how Amazon computed basic earnings per share of $2.08 for 2009. (Ignore diluted earnings per share of $2.04.)
2. Prepare a T-account to show the beginning and ending balances and all activity in Retained earnings (Accumulated Deficit) for 2009.
3. How much in cash dividends did Amazon pay out during 2009, if any Explain your answer.
4. How much treasury stock did Amazon have at December 31, 2009 Explain.
Requirements
1. Show how Amazon computed basic earnings per share of $2.08 for 2009. (Ignore diluted earnings per share of $2.04.)
2. Prepare a T-account to show the beginning and ending balances and all activity in Retained earnings (Accumulated Deficit) for 2009.
3. How much in cash dividends did Amazon pay out during 2009, if any Explain your answer.
4. How much treasury stock did Amazon have at December 31, 2009 Explain.
Explanation
2.
Prepare a T-account to show the begi...
Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
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