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4.10. The equity section of a company appears below as of Dec. 31, 2019. Net income for 2019 reflects a total effective tax rate of
4.10. The equity section of a company appears below as of Dec. 31, 2019. Net income for 2019 reflects a total effective tax rate of 20%. Included in the net income figure is a loss of R$12,000,000 (before tax) as a result of discontinued operations. Preference dividends of R$270,000 were declared and paid in 2019. Dividends of R$1,000,000 were declared and paid to ordinary shareholders in 2019. Compute the earnings per share data as it should appear on the income statement. Share capital - preference (6%,R$50 par value, authorized 100,000 shares, outstanding 90,000 sha 4,500,000 res) Share capital - ordinary (R\$1 par value, authorized and issued 10 million shares) Share premium - ordinary
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