Shujaa ltd has in issue $25,0004\%$ debentures with a nominal value of ksh $1\mathrm{.}00.$ The debentures are convertible to ordinary shares at a rate of $1$:$1$ at any time until $2021.$ The entity$$s management receives a bonus based on $1\%$ profit before tax.

Shujaa ltd$$s results for $2021$ showed a profit before tax of ksh$80,000$ and a profit after tax of $56,000($tax rate is $30\%).$

Required:

a$)$ Calculate the earnings for the purpose of dilutive EPS $(10$ marks$)$

b$)$ Discuss the various components processes in business analysis $(10$ marks$)$