The equity section of Novak SA appears below as of December 31,2022. Share...

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Accounting

The equity section of Novak SA appears below as of December 31,2022.
Share capital-preference (6% preference shares, R$50 par
value, authorized 125,200 shares, outstanding 115,200 shares)
Share capital-ordinary (R$1 par, authorized and issued 10,000,000 shares)
Share premium-ordinary
Retained earnings
Net income
R$5,760,000
10,000,000
26,240,000
R$171,520,000
42,240,000
R$255,760,000?
Net income for 2022 reflects a total effective tax rate of 20%. Included in the net income figure is a loss of R $15,360,000(before tax)
as a result of discontinued operations. Preference dividends of R$345,600 were declared and paid in 2022. Dividends of
R$1,280,000 were declared and paid to ordinary shareholders in 2022.
Compute earnings per share data as it should appear on the income statement of Novak SA.(Round answers to 2 decimal places, e.g.
1.48.)
Net income for 2022 reflects a total effective tax rate of 20%. Included in the net income figure is a loss of R $15,360,000(before tax)
as a result of discontinued operations. Preference dividends of R$345,600 were declared and paid in 2022. Dividends of
R$1,280,000 were declared and paid to ordinary shareholders in 2022.
Compute earnings per share data as it should appear on the income statement of Novak SA.(Round answers to 2 decimal places, e.g.
1.48.)
Earnings Per Share:
R$
The equity section of Novak SA appears below as of December 31,2022.
Share capital-preference (6% preference shares, R$50 par
value, authorized 125,200 shares, outstanding 115,200 shares)
Share capital-ordinary (R$1 par, authorized and issued 10,000,000 shares)
Share premium-ordinary
Retained earnings
Net income
R$5,760,000
10,000,000
26,240,000
R$171,520,000
42,240,000
R$255,760,000?
Net income for 2022 reflects a total effective tax rate of 20%. Included in the net income figure is a loss of R $15,360,000(before tax)
as a result of discontinued operations. Preference dividends of R$345,600 were declared and paid in 2022. Dividends of
R$1,280,000 were declared and paid to ordinary shareholders in 2022.
Compute earnings per share data as it should appear on the income statement of Novak SA.(Round answers to 2 decimal places, eg.
1.48.)
Net income for 2022 reflects a total effective tax rate of 20%. Included in the net income figure is a loss of R $15,360,000(before tax)
as a result of discontinued operations. Preference dividends of R$345,600 were declared and paid in 2022. Dividends of
R$1,280,000 were declared and paid to ordinary shareholders in 2022.
Compute earnings per share data as it should appear on the income statement of Novak SA.(Round answers to 2 decimal places, e.g.
1.48.)
Earnings Per Share:
R$
Compute earnings per share data as it should appear on the income statement of Novak SA.(Round answers to 2 decimal places, eg.
1.48.)
Earnings Per Share:
R$
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