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emaining Time: 59 minutes, 13 seconds. Question Completion Status: Questions o uestion 3 5 points Save The total Share Capital of XYZ Ltd. on
emaining Time: 59 minutes, 13 seconds. Question Completion Status: Questions o uestion 3 5 points Save The total Share Capital of XYZ Ltd. on Dec. 31, 2021 was SAR 10,000,000 dividend into 100,000 Ordinary Shares of SAR 100 each. The company has not issued any preference share. The income statement of the company showed SAR 226,200 as Net income from continuing operations. However, on Dec 31st 2021 the Company, decides to discontinue one of its division. During the current year, the division lost $30,000 (net of tax). Company sold the division at the end of the year at a loss of $50,000 (net of tax). Required: a. Compute the net income of XYZ Ltd after the discontinuation of the division. b. Calculate the earnings per share of the company. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS * D F ST 19 Paragraph Open Sans,sa... 10pt DE xx 11 - BB ( 3 I
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