Face-to-face hand-in #6 - solution.docx - UNIVERSITY OF...

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UNIVERSITY OF ONTARIO INSTITUTE OF TECHNOLOGY BUSI 2160—Introductory Financial Accounting II 2017 Face-to-face hand-in assignment #6 Submission Requirements You must hand in your face-to-face submissions at the start of class . Late submissions will not be accepted. Face-to-face assignments must be typed. YOU MUST WORK ON YOUR OWN. INSTANCES OF PLAIGARISM WILL BE TAKEN SERIOUSLY. Part I (Using Dollarama’s Financial Statements): 1. How did Dollarama declare in dividends in between Feb. 1 2015 and January 31, 2016? $45,722 2. Does Dollarama have share based compensation? And if yes, at what percentage do the share options vest? (Hint: read Note 12). Yes – 20% on the anniversary of the grant date 3. What is Dollarama’s Basic and Diluted Earnings per Share as of January 21, 2016? 3.03 and 3.00 respectively 4. Why is the diluted earnings per share slightly less than the basic earnings per share? They have convertible debentures, which means the weighted average number of earnings per share will be higher for diluted (higher denominator, lower EPS)
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