Question
The equity section of Bramble SA appears below as of December 31, 2022. Share capitalpreference (6% preference shares, R$50 par value, authorized 105,400 shares, outstanding
The equity section of Bramble SA appears below as of December 31, 2022.
Share capitalpreference (6% preference shares, R$50 par | ||||
value, authorized 105,400 shares, outstanding 95,400 shares) | R$4,770,000 | |||
Share capitalordinary (R$1 par, authorized and issued 10,000,000 shares) | 10,000,000 | |||
Share premiumordinary | 21,730,000 | |||
Retained earnings | R$142,040,000 | |||
Net income | 34,980,000 | 177,020,000 | ||
R$213,520,000 |
Net income for 2022 reflects a total effective tax rate of 20%. Included in the net income figure is a loss of R$12,720,000 (before tax) as a result of discontinued operations. Preference dividends of R$286,200 were declared and paid in 2022. Dividends of R$1,060,000 were declared and paid to ordinary shareholders in 2022. Compute earnings per share data as it should appear on the income statement of Bramble SA. (Round answers to 2 decimal places, e.g. 1.48.)
See the drop down options.
Thank you.
Earnings Per Share: Net income R$ 34,629,000 Ordinary shares 10,000,000 Income from continuing operations 3.46 Earnings Per Share: Net income R$ 34,629,000 10,000,000 Income from continuing operations Income taxes Discontinued operations, net of tax Net income Ordinary shares 3.46Step by Step Solution
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