Oriole corporation Ltd has there capital structure shown below at the following fiscal years ended December The following additional information is available.
On July Oriole exchanged common shares for a large piece of equipment. This was the only transaction that resulted in issuance of common shares in
Income before discontinued operations for was $ and a loss from discontinued operations of $ was recorded, net of applicable tax recovery.
During dividends in the amount of $ per share were paid on the preferred A shares.
Each $ bond can be converted into common shares.
There were unexercised stock options, outstanding since that allow holders to purchase common shares at $ per share.
Written warrants to purchase common shares at $ per share were outstanding at the end of and no warrants were exercised in The average market value of the common shares in was $
Oriole's tax rate is
Oriole declared and paid a $ dividend to common shareholders on June Determine an incremental per share effect for bonds. Round earnings per share to decimal places, eg