1. The following are selected-details-of-Expression Limited's capital structure as at January 1, 2020: التي (a) Calculat

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1. The following are selected-details-of-Expression Limited's capital structure as at January 1, 2020: التي (a) Calculat

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1. The following are selected-details-of-Expression Limited's capital structure as at January 1, 2020: التي (a) Calculate Expression's basic EPS for the year-ended-December 31, 2020.- (b) For each security that is convertible-into-ordinary shares, evaluate-its-dilutive effect in terms-of-its effects-onincome available to ordinary shareholders, number of outstanding shares and EPS. Where the security may be anti-dilutive, state and explain.- (c) Calculate Expression's diluted-EPS-for the year ended December 31, 2020.- O . 200,000 ordinary shares issued and outstanding. 100,000 cumulative preference shares "A" that are each entitled to dividends of $4.00 per annum. . 50,000, $100-non-cumulative preference shares "B" with a stated dividend rate of 3% per annum. At the option of the holder, each preference share can be converted into two ordinary shares on December 31, 2025. Bonds C-$1,000,000, 6%, semi-annual bonds maturing December 31, 2024.- Bonds D--$2,000,000,5%, semi-annual bonds-maturing:June 30, 2030. At the option of the holder, each $1,000 bond can be converted into 10 ordinary shares at any time between January 1, 2025, and December 31, 2025. Bonds E-$500,000, 3%-, semi-annual-bonds maturing December 31, 2025. At the option of the holder, each $1,000 bond can be converted-into-eight ordinary shares. Option-F-grants the holder the right to purchase 10,000-ordinary shares at any time before December 31, 2023, for $20 per share. Option G-grants the holder the right to purchase 5,000 ordinary shares for $12 per share. The option expires-on December 31, 2021. C . e e During the year Expression issued ordinary shares as follows: स March 1, 2020-issued-20,000 ordinary shares. • October 1, 2020-issued 10,000 ordinary shares. . December 1, 2020-declared and distributed-a 20% stock dividend. Expression was subject to a 30%-tax-rate. Its-net-income for the year-ended-December 31, 2020, totalled 1,339,000. During the year, Expression declared and paid the stated-dividends on both classes of preference shares as well as $200,000 of dividends-on-its-ordinary shares. The average market price in 2020-for-Expression's ordinary shares was $15. स لے لے الي لے The recorded exercise prices and number of shares under the stock options plans that can be acquired have already been adjusted for the stock dividend. Similarly, the recorded conversion factor for the convertible bonds and preferred shares have already been adjusted for the stock dividend. الي الك Assume that the effective rate of interest on the bonds.equals the coupon-rate. Required:
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