BO The net income for Davin's Archery Corp. for the year ended December 31, 2021, was $500,000. Davin had 20,000 ordinary shares outstanding at the beginning of the year. Davin declared and distributed a three-for-one stock split on May 1, 2021, and issued (sold) 10,000 ordinary shares on November 1, 2021. Select details of Davin's abilities and equities follow Click the icon to view the details) Resuired Requirement a. Calculate Davin's basic earnings per share for 2021 20 Begin by calculating Davin's weighted average number of ordinary shares outstanding in 2021 (Abbreviation used WASO = Woighted average number of ordinary shares 14 outstanding. Complete all answer boxes. Do not round until your final answer. Then found the contribution to WASO amounts to the nearest whole number Opening balance of ordinary shares Fraction Share adjustment Combibution 14 Period 2001) outstanding of you WASO Jan 1. Apr 30 11 May 1 - Oct 31 Now 1 - Nov 30 ayme Dec 1 - Dec 31 Weighted average number of ordinary shares outstanding Sic eari i Required avera es. Do rager st whol ence nares ng Assuming that the effective rate of interest on the bonds equals the coupon rate: a. Calculate Davin's basic earnings per share for 2021. b. Prepare a schedule that sets out the income effect, share effect, and incremental EPS for each security that is convertible into ordinary shares. Rank the potential ordinary shares by their dilutiveness. c. Calculate Davin's diluted earnings per share for 2021. Print Done ary share! BO The net income for Davin's Archery Corp. for the year ended December 31, 2021, was $500,000. Davin had 20,000 ordinary shares outstanding at the beginning of the year. Davin declared and distributed a three-for-one stock split on May 1, 2021, and issued (sold) 10,000 ordinary shares on November 1, 2021. Select details of Davin's abilities and equities follow Click the icon to view the details) Resuired Requirement a. Calculate Davin's basic earnings per share for 2021 20 Begin by calculating Davin's weighted average number of ordinary shares outstanding in 2021 (Abbreviation used WASO = Woighted average number of ordinary shares 14 outstanding. Complete all answer boxes. Do not round until your final answer. Then found the contribution to WASO amounts to the nearest whole number Opening balance of ordinary shares Fraction Share adjustment Combibution 14 Period 2001) outstanding of you WASO Jan 1. Apr 30 11 May 1 - Oct 31 Now 1 - Nov 30 ayme Dec 1 - Dec 31 Weighted average number of ordinary shares outstanding Sic eari i Required avera es. Do rager st whol ence nares ng Assuming that the effective rate of interest on the bonds equals the coupon rate: a. Calculate Davin's basic earnings per share for 2021. b. Prepare a schedule that sets out the income effect, share effect, and incremental EPS for each security that is convertible into ordinary shares. Rank the potential ordinary shares by their dilutiveness. c. Calculate Davin's diluted earnings per share for 2021. Print Done ary share
