By the SEC, What would a large and small accelerated filer hands a market value of
A large accelerated filer will have a market value of 700 Million, and smaller reporting accelerated filer will have a market value of 75 million
When calculating the weighted average
Make sure to account for the amount of years
How to calculate the Basic EPS
Income from common share / weighted average amount of common shares
How to calculate Diluted EPS
income form stocks / common stock + preferred or convertible bonds
Within EPS, if a stock dividend was issues
A stock dividend or stock split is treated as if it had happened at the beginning of the year
Is Convertible bonds dilutive or anti dilutive?
They are anti-dilutive if converting into common stock increases EPS above basic EPS
How to determine bonds are anti-dilutive
Divide interest after tax (remove the tax benefit of tax deductible interest) by the number of new shares created
Or
Do dilutive test by adding income amout and dividend the total common share converted
If stock dividends or stock split (or reverse split) changes to common stock outstanding
EPS will be retroactive recognition for all periods
A large accelerated filer is defined by the SEC with marker values of of outstanding common equity of 700 million or more
Requires to file form 10-K (annual report within 60 days)
To solve additional shares outstanding using Traesury stock method
Number of share - [(number of shares * Exercice price) / Average market price] = additional shares outstanding
US GAAP is used in most recent annual reports of enterprise and should be applied to
to interim financial statement of current year
US SEC regulations from the Interim and annual FS presentation and disclosure of sec findings are
Form in regulation S-X
Income available to common shareholders is determined by
Deducting dividend declared in the period on non-cumulative preferred stock and dividends accumulated in the period on cumulative preferred stock
Regardless whether they’ve been paid or declared
The effective tax rate should be reflected
Anticipated in foreign tax rates and available tax planning alternatives
When calculating the weighted average of common shares outstanding for basic EPS
Convertible securities are ignored
Stock sprites are treated as
They happened at the beginning * calculate down with the stocks (meaning add them)
Any translation loss would be
It’s own foreign subsidiary and not included in net income
Translation are different that transaction
