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1) The document contains calculations of basic and diluted earnings per share (BEPS and DEPS) for different companies in different reporting periods. It includes calculations of shares outstanding from options, bonds, preferred shares, and stock dividends/splits that impact EPS. 2) Calculations are shown for weighted average shares outstanding (WASO) for 2018 and 2019, taking into account shares issued and stock splits over the periods. 3) Additional calculations are included for BEPS and DEPS adjusting for the impact of convertible bonds on shares outstanding and interest expense. 4) Further EPS calculations make deductions for dividends and include shares from options and convertible preferred shares in the determination of DEPS. 5)

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200 views4 pages

Answer Key

1) The document contains calculations of basic and diluted earnings per share (BEPS and DEPS) for different companies in different reporting periods. It includes calculations of shares outstanding from options, bonds, preferred shares, and stock dividends/splits that impact EPS. 2) Calculations are shown for weighted average shares outstanding (WASO) for 2018 and 2019, taking into account shares issued and stock splits over the periods. 3) Additional calculations are included for BEPS and DEPS adjusting for the impact of convertible bonds on shares outstanding and interest expense. 4) Further EPS calculations make deductions for dividends and include shares from options and convertible preferred shares in the determination of DEPS. 5)

Uploaded by

Dyn
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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1) BEPS =285,000/180,000 1.

58
DEPS =285,000/(180,000+1,500*) 1.57

*P.O.S from options


=15,000*(25-20/25)*6/12 1,500

2) WASO 2018
DEC 2017/JAN 1,2018 250,000 *1.20 *3
Mar-01 24,000 *1.20 *3
Jul-24 20% s.d
Oct-01 16,000 *3
Dec-01 Treasury - 15,000 *3
note: if comparative fs given, check the ff year if there are splits or stock dividend
retro application
WASO 2019
Jan 1 2019 beg bal 989,400 *12/12 989,400
june 1 stock split
Sep-01 60,000 *4/12 20,000
1,009,400

3) BEPS =1,550,000/(180,000+16,000*) 7.91

BONDS actual conversion M.O


=(1800000/1000)*80*1/3 48,000.00 *4/12 16,000.00

DEPS =1,550,000+100,800*/(196,000+128,000*) 5.10

*avoidable I.E
bef conversion =1,800,000*9%*70%*8/12 75,600
after conversion =1,800,000*2/3*9%*70%*4/12 25,200
total avoidable interest 100,800

* p.o.s from bonds


bef conversion =1,800,000/1,000*80*8/12 96000
after conversion =1,800,000/1,000*2/3*80*4/12 32000
total p.o.s 128,000

4) BEPS =2,300,000-8,000-12,000/(300,000+75,000) 6.08

DIVIDENDS whether declared or not, deduct (cumulative)


8% 8,000
6% 12,000
JAN 2018 300,000 *12/12 300,000
APR 1, 2018 100,000 *9/12 75,000

DEPS =2,300,000-8,000/(375,000+17,142+20,000) 5.56

*p.o.s from options


=60,000*(35-25/35)*12/12 17,142.9

*p.o.s from convertibe pref shares


=20,000*12/12 20,000

5) BLPS =-670,700-(40,000*7)/(1,025,000) -0.93

Jan 1,2018 400,000.0 *2*12/12 800000


July 1 200,000.0 *2*6/12 200000
July 8 100% SD
Sept 1 120,000.0 *4/12 40000
oct 1 - 60,000.0 *3/12 -15000
WASO 2018 1025000

DLPS =-670,700/(1025000+160,000) -0.566 anti dilutive *dilutive if decreases EPS or in


-0.93
*12/12 900,000.0
*10/12 72,000.0

*3/12 12,000
*1/12 -3750
980,250
ilutive if decreases EPS or increases Loss per share

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