Exhibit 11(a) ACCESS CORPORATION CALCULATION OF NET EARNINGS PER COMMON SHARE AND COMMON SHARE EQUIVALENT Three Months Ended October 31, 1996 1995 -------------------------- NET EARNINGS APPLICABLE TO COMMON SHARES AND COMMON SHARE EQUIVALENTS: Net Earnings $ (136,822) $ 36,674 Preferred Dividend - 10,802 Net Earnings Applicable to Common Shares and Common Share Equivalents $ (136,822) $ 25,872 CALCULATION OF PRIMARY NET EARNINGS PER COMMON SHARE AND COMMON SHARE EQUIVALENTS: Average Number of Common Shares and Common Share Equivalents Outstanding 4,865,559 4,865,559 PRIMARY NET EARNINGS PER COMMON SHARE AND COMMON SHARE EQUIVALENT: Net Earnings per Common Share and Common Share Equivalents $ (0.03) $ 0.01 a) Common Share Equivalents have not been included as their inclusion would be anti-dilutive or dilution is less than 3% Exhibit 11(b) ACCESS CORPORATION CALCULATION OF NET EARNINGS PER COMMON SHARE AND COMMON SHARE EQUIVALENT Six Months Ended October 31, 1996 1995 ---------------------------- NET EARNINGS APPLICABLE TO COMMON SHARES AND COMMON SHARE EQUIVALENTS: Net Earnings $ (276,480) $ 21,603 Preferred Dividend - 10,802 Net Earnings Applicable to Common Shares and Common Share Equivalents $ (276,480) $ 10,801 CALCULATION OF PRIMARY NET EARNINGS PER COMMON SHARE AND COMMON SHARE EQUIVALENTS: Average Number of Common Shares and Common Share Equivalents Outstanding 4,865,559 4,865,559 PRIMARY NET EARNINGS PER COMMON SHARE AND COMMON SHARE EQUIVALENT: Net Earnings per Common Share and Common Share Equivalents $ (0.06) $ 0.00 a) Common Share Equivalents have not been included as their inclusion would be anti-dilutive or dilution is less than 3%