Question
The equity section of Whispering SA appears below as of December 31, 2022. Share capitalpreference (6% preference shares, R$50 par value, authorized 127,000 shares, outstanding
The equity section of Whispering SA appears below as of December 31, 2022.
Share capitalpreference (6% preference shares, R$50 par | ||||
value, authorized 127,000 shares, outstanding 117,000 shares) | R$5,850,000 | |||
Share capitalordinary (R$1 par, authorized and issued 10,000,000 shares) | 10,000,000 | |||
Share premiumordinary | 26,650,000 | |||
Retained earnings | R$174,200,000 | |||
Net income | 42,900,000 | 217,100,000 | ||
R$259,600,000 |
Net income for 2022 reflects a total effective tax rate of 20%. Included in the net income figure is a loss of R$15,600,000 (before tax) as a result of discontinued operations. Preference dividends of R$351,000 were declared and paid in 2022. Dividends of R$1,300,000 were declared and paid to ordinary shareholders in 2022. Compute earnings per share data as it should appear on the income statement of Whispering SA. (Round answers to 2 decimal places, e.g. 1.48.)
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