Pembahasan Ujian PAI: A40 – No. 24 – April 2019

• ROE (before extraordinary item) : 15,3%
• Stockholder’s equity : 60.000
• Extraordinary loss (net) : 600
• Number of common share outstanding   : 1.200

Return on Equity (REO) before extraordinary item \({\rm{ = }}\frac{{{\rm{Net\_Income\_before\_extraordinary\_item}}}}{{{\rm{Stockholders’\_Equity}}}}\)

Chapter 19 Page 613^[1] :

Figure 19-7. Earnings per share treatment of an extraordinary item on the statement of operations

Income before extraordinary item                                           X
Extraordinary loss                                                                –   Y
Net income after extraordinary item                                   X – Y

Earnings per share on common share outstanding:
On net income  before extraordinary item        X : Number of common share outstanding
On net Extraordinary loss                            –   Y  : Number of common share outstanding

Net earning per share                           \(\frac{{{\rm{X – Y}}}}{{{\rm{Number\_of\_common\_share\_outstanding}}}}\)

Return on Equity (REO) before extraordinary item \({\rm{ = }}\frac{{{\rm{Net\_Income\_before\_extraordinary\_item}}}}{{{\rm{Stockholders’\_Equity}}}}\) \(15,3\% = \frac{{{\rm{Net\_Income\_before\_extraordinary\_item}}}}{{60.000}}\)

Net Income = 15,3% x 60.000 = 9.180

Chapter 19 Page 613^[1] :

Figure 19-7. Earnings per share treatment of an extraordinary item on the statement of operations

Income before extraordinary item                                   9.180
Extraordinary loss                                                            –  600
Net income after extraordinary item                                8.580

Earnings per share on common share outstanding:
On net income  before extraordinary item                                   9.180 : 1.200 = 7,65
On net Extraordinary loss                                                           –  600  : 1200  = -0,5
Net  earning per share                                                                                          7,15

Sehingga nilai net earnings per share = 7,15

^[1] Mulligan, E. and Stone, G. (1997). Accounting and financial reporting in life and health insurance companies. Atlanta, Ga.: Life Management Institute, LOMA.