Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - X-Treme Investments Inc.Financial_Report.xls
S-1/A - AMENDMENT TO FORM S-1 - X-Treme Investments Inc.forms1a.htm
EX-5 - EXHIBIT 5 - X-Treme Investments Inc.ex5.htm
EX-23.2 - EXHIBIT 23.2 - X-Treme Investments Inc.ex23-2.htm
EX-23.1 - EXHIBIT 23.1 - X-Treme Investments Inc.ex23-1.htm

 

EXHIBIT 11

 

Statement of Computation of Per Share Earnings

 

Earnings per share

 

The Company follows Financial Accounting Standards Board Accounting Standards Codification (FASB ASC) 260 “Earnings Per Share” (“FASB ASC260”). Basic earnings per common share (“EPS”) calculations are determined by dividing net income by the weighted average number of shares of common stock outstanding during the year. Diluted earnings per common share calculations are determined by dividing net income by the weighted average number of common shares and dilutive common share equivalents outstanding. During periods when common stock equivalents, if any, are anti-dilutive they are not considered in the computation.