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:
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.
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