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Four different companies have many similarities, including the following i Click the icon to view the similarities) They do have slightly different complex capital structures,

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Four different companies have many similarities, including the following i Click the icon to view the similarities) They do have slightly different complex capital structures, however Specifically (Click the icon to view the differences) Required a. Calculate the basic EPS of the four companies b. Prepare a schedule that sets out the income effect, share offect, and incremental EPS for each company's security that is convertible into Ordinary shares c. Consider each company's POS and determine whether it is dilutive or antidiutive For company assume that the effective rate of interest on the bonds equals the coupon rate Incort Requirement a Calculate the basic EPS of the four companies Select the formula and enfor the amounts to calculate the basic EPS for each of the four companies (Abreviations used WASOWeighted average number of ordinary shares outstanding WAPSO - Weighted average number of proferred shares outstanding Round the caming pot share EPS to the nearest cont 5XXX Similarities They all earned net income of $3,000,000 for the year ended December 31, 2021; They are all subject to a 30% tax rate; The average price of all four companies' ordinary shares during the year was $50, and Each company had 1,400,000 ordinary shares outstanding during the year. . Differences Company A had stock options outstanding the entire year that allowed employees to buy 10,000 ordinary shares for $44 each until December 31, 2023 Company B had stock options outstanding the entire year that allowed employees to buy 2,000 ordinary shares for $46 each between January 1, 2022, and December 31, 2023 Company C had $4,000,000 in 2% non-cumulative preferred shares outstanding the entire year Each $100 share is convertible into six ordinary shares. Dividends were not declared in 2021 Company D had $700,000 in 8% bonds maturing on December 31, 2023 that were outstanding the entire year. Each $1,000 bond is convertible into 20 ordinary shares any time before expiry

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