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Basic Earnings Per Share (BEPS) The Banana Bunch was incorporated on January 1, 2021. At that time it issued 303027 ordinary shares 9829, $12, 8%
Basic Earnings Per Share (BEPS) The Banana Bunch was incorporated on January 1, 2021. At that time it issued 303027 ordinary shares 9829, $12, 8% Class A cumulative preferred shares, and 118778, $10, 7% Class B, non-cumulative preferred shares. Net income for the year ended December 31, 2021 was $1454233. The Banana Bunch declares and pays a total of $32247 in dividends during the year Series A must be fully paid their current entitlement before any monies are paid to the Series B shareholders. REQUIRED Calculate basic earnings per share (BEPS) and enter your final answer below. Please do not round intermediary calculations. Round your final answer to the nearest dollar and two cents (ex. 1.05) Do not use dollar signs in your
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