The equity section of Crane SA appears below as of December 31, 2022. Share capital-preference (6%preference shares, R$50 par value, authorized 82.000 shares, outstanding 72,000 shares) Share capital-ordinary (R$1 par, authorized and issued 10,000,000 shares) Share premium-ordinary Retained earnings Net income R$:07,200,000 26,400,000 R$3,600,000 10,000,000 16,400,000 133,600,000 R$163,600,000 Net income for 2022 reflects a total effective tax rate of 20%. Included in the ret income figure is a loss of R$9,600,000 (before tax) as a result of ciscontinued operations. Preference divicends of R$216.000were declared and paid in 2022 Dividends of R$800,000were ceclared and paid to ordinary shareholders in 2022 Compute earnings per share data as it should appear on the income statement of Crine SA. (Round answers to 2 decimal places, eg 148)
The equity section of Crane SA appears below as of December 31, 2022. Share capital-preference (6%preference shares, R$50 par value, authorized 82.000 shares, outstanding 72,000 shares) Share capital-ordinary (R$1 par, authorized and issued 10,000,000 shares) Share premium-ordinary Retained earnings Net income R$:07,200,000 26,400,000 R$3,600,000 10,000,000 16,400,000 133,600,000 R$163,600,000 Net income for 2022 reflects a total effective tax rate of 20%. Included in the ret income figure is a loss of R$9,600,000 (before tax) as a result of ciscontinued operations. Preference divicends of R$216.000were declared and paid in 2022 Dividends of R$800,000were ceclared and paid to ordinary shareholders in 2022 Compute earnings per share data as it should appear on the income statement of Crine SA. (Round answers to 2 decimal places, eg 148)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Current Attempt in Progress
The equity section of Crane SA appears below as of December 31, 2022
Share capital-preference (6%preference shares, R$50 par
value, authorized 82,000 shares, outstanding 72,000 shares)
Share capital-ordinary (R$1 par, authorized and issued 10,000,000 shares)
Share premium-ordinary
Retained earnings
Net income
R$:07,200,000
26,400,000
R$3,600,000
10,000,000
16,400,000
133,600,000
R$163,600,000
Net income for 2022 reflects a total effective tax rate of 20%. Included in the ret income figure is a loss of R$9,600,000 (before tax) as
a result of ciscontinued operations. Preference divicends of R$216,000were declared and paid in 2022 Dividends of
R$800,000were ceclared and paid to ordinary shareholders in 2022
Compute earnings per share data as it should appear on the income statement of Crane SA. (Round answers to 2 decimal places, eg
148)
Transcribed Image Text:Net income for 2022 reflects a total effective tax rate of 20%. Included in the net income figure is a loss of R$9,600,000 (before tax) as
a result of discontinued operations. Preference dividends of R$216,000 were declared and paid in 2022. Dividends of
R$800,000 were declared and paid to ordinary shareholders in 2022.
Compute earnings per share data as it should appear on the income statement of Crane SA. (Round answers to 2 decimal places, e.g.
1.48)
Earnings Per Share:
Ordirury shares
Discontinued operations, net of tax V
Net income
R$
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