Brandon Limited's statement of financial position at 31 December 20X2 reported the following: Additional data: a. During

Question:

Brandon Limited's statement of financial position at 31 December 20X2 reported the following:

image text in transcribed

Additional data:

a. During \(20 \mathrm{X} 2,30,000\) Class A shares were issued at \(\$ 50\) on 1 July. Dividends were declared and paid semi-annually, on 31 May and 30 November.

b. Common share options are outstanding, entitling holders to acquire 700,000 Class B shares at \(\$ 9\) per share.

c. Interest expense on the convertible bonds was \(\$ 525,000\) in \(20 \times 2\).

d. Income tax rate is \(40 \%\).

e. Class B share price average for the year was \(\$ 11\).

f. The net loss, after tax, for \(20 \mathrm{X} 2\) was \(\$ 350,000\).

Required:
Compute the EPS amount(s) that Brandon should report for 20X2.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: