Identify all the information that must be disclosed in relation to key management personnel related transactions, as
Question:
Identify all the information that must be disclosed in relation to key management personnel related transactions, as required by AASB 124. (5 marks)(b) Sunny Park Plaza Ltd reported profit after tax of $550 000 for the year ending 30 June 2021 Sunny Park Plaza Ltd has:
At1Julv 2020.700 000 fullv paid ordinary shares on issue
On 1 March 2021, issued an additional 100 000 fully paid ordinary shares.
。150 000 convertible preference shares fully paid to $5 and entitled to a dividend of 5%.These were issued in 2018 and are convertible into 20 000 fully paid ordinary shares at the option of the preference shareholder.
。$500 000 in convertible bonds issued for the full year. These pay interest at 8% p.a, and can be converted to 100 000 ordinary shares at the option of the bond-holders.。The tax rate is 30%.
REQUIRED:
For the year ended 30 June 2021 calculate the company's:
(i) Basic EPS?
(i) Diluted EPS?
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill