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The equity section of Sosa Corporation appears below as of December 31, 2015. Net income for 2015 reflects a total effective tax rate of 20%.

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The equity section of Sosa Corporation appears below as of December 31, 2015. Net income for 2015 reflects a total effective tax rate of 20%. Included in the net income figure is a loss of Rs12,000,000 (before tax) as a result of discontinued operations. Preference dividends of Rs270,000 were declared and paid in 2015. Dividends of Rs1,000,000 were declared and paid to ordinary shareholders in 2015. Compute earnings per share data as it should appear on the income statement of Sosa Corporation. Presented below are selected ledger accounts of Woods Corporation at December 31, 2015. Woods's effective tax rate on all i8tems is 30%. A physical inventory indicates that the ending inventory is $86,000

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