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QUESTION 3 (20 POINTS) Pandora Corporation acquired 80% of Secret Corporation, few years ago. The...

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QUESTION 3 (20 POINTS) Pandora Corporation acquired 80% of Secret Corporation, few years ago. The following data is available: Pandora Secret Income from operation for 2019 (excluding investment income) Rp45,000,000 Rp20,000,000 Common dividends for 2019 Rp800,000 Number of common shares outstanding 200,000 20,000 10% Preferred Stock, Rp 100 par (number of shares) 50,000 The preferred stock is cumulative and convertible, with no dividend in arrears. Secret Corporation has no investment in other companies' equity. Required: a. Secret's preferred stock is convertible into 5,000 shares of Secret's common stock. Both do not have any other potentially dilutive securities outstanding, Calculate: (1) Secret Corp.'s basic and diluted EPS. (2) Consolidated (parent's) basic and diluted EPS. b. Secret's preferred stock is convertible into 10,000 shares of Pandora's common stock. Both do not have any other potentially dilutive securities outstanding. Calculate consolidated (parent's) diluted EPS

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