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Murchie Ltd . earned $ 2 0 , 8 0 0 , 0 0 0 in 2 0 X 6 and paid dividends of $
Murchie Ltd earned $ in X and paid dividends of $ The company has two classes of voting shares. Class A shares have six votes per share, while Class B shares have one vote per share. Both participate in the distribution of net assets in the event of dissolution. There were Class A shares outstanding all during X and Class B shares. Class A shares are entitled to dividends as declared, in the amount of $ per share, before the Class B shares receive any dividends. After the Class A dividend, Class B shares will receive dividends as declared up to $ per share. If any dividends are declared above this amount, both classes are to be allocated an identical pershare dividend. Required: Determine basic EPS for each share class for XDo not round intermediate calculations. Round your answers to decimal places. Determine basic EPS for each share class for X Assuming that there is no base dividend and dividends are split on a pershare basis between the two classes such that Class A shares receive times the Class B entitlement per share. Do not round intermediate calculations. Round your answers to decimal places.
Murchie Ltd earned $ in X and paid dividends of $ The company has two classes of voting shares. Class A shares have six votes per share, while Class B shares have one vote per share. Both participate in the distribution of net assets in the event of dissolution. There were Class A shares outstanding all during X and Class B shares.
Class A shares are entitled to dividends as declared, in the amount of $ per share, before the Class B shares receive any dividends. After the Class A dividend, Class B shares will receive dividends as declared up to $ per share. If any dividends are declared above this amount, both classes are to be allocated an identical pershare dividend.
Required:
Determine basic EPS for each share class for XDo not round intermediate calculations. Round your answers to decimal places.
Determine basic EPS for each share class for X Assuming that there is no base dividend and dividends are split on a pershare basis between the two classes such that Class A shares receive times the Class B entitlement per share. Do not round intermediate calculations. Round your answers to decimal places.
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