Compute earnings per share data as it should appear on the income statement of Windsor SA. (Round answers to 2 decimal places, e.g. 1.48.) Earnings Per Share: Income from continuing operations Discontinued operations, net of tax Net income R$
Compute earnings per share data as it should appear on the income statement of Windsor SA. (Round answers to 2 decimal places, e.g. 1.48.) Earnings Per Share: Income from continuing operations Discontinued operations, net of tax Net income R$
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![The equity section of Windsor SA appears below as of December 31, 2022.
Share capital-preference (6% preference shares, R$50 par
value, authorized 94,600 shares, outstanding 84,600 shares)
Share capital-ordinary (R$1 par, authorized and issued 10,000,000 shares)
Share premium-ordinary
Retained earnings
Net income
Earnings Per Share:
Income from continuing operations
Discontinued operations, net of tax
R$125,960,000
Net income
31,020,000
R$
R$4,230,000
Net income for 2022 reflects a total effective tax rate of 20%. Included in the net income figure is a loss of R$11,280,000 (before tax)
as a result of discontinued operations. Preference dividends of R$253,800 were declared and paid in 2022. Dividends of
R$ 940,000 were declared and paid to ordinary shareholders in 2022.
10,000,000
Compute earnings per share data as it should appear on the income statement of Windsor SA. (Round answers to 2 decimal places, e.g.
1.48.)
19,270,000
156,980,000
R$190,480,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe1560fc4-c12a-4da4-b069-6c844e0f74d6%2Fc84bb51c-1e0d-4da0-93f2-f48446a698b8%2Fzhj525i_processed.png&w=3840&q=75)
Transcribed Image Text:The equity section of Windsor SA appears below as of December 31, 2022.
Share capital-preference (6% preference shares, R$50 par
value, authorized 94,600 shares, outstanding 84,600 shares)
Share capital-ordinary (R$1 par, authorized and issued 10,000,000 shares)
Share premium-ordinary
Retained earnings
Net income
Earnings Per Share:
Income from continuing operations
Discontinued operations, net of tax
R$125,960,000
Net income
31,020,000
R$
R$4,230,000
Net income for 2022 reflects a total effective tax rate of 20%. Included in the net income figure is a loss of R$11,280,000 (before tax)
as a result of discontinued operations. Preference dividends of R$253,800 were declared and paid in 2022. Dividends of
R$ 940,000 were declared and paid to ordinary shareholders in 2022.
10,000,000
Compute earnings per share data as it should appear on the income statement of Windsor SA. (Round answers to 2 decimal places, e.g.
1.48.)
19,270,000
156,980,000
R$190,480,000
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