Extracts from Rose's financial statements for the year ended 30 April 20X4 and comparatives are shown...
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Extracts from Rose's financial statements for the year ended 30 April 20X4 and comparatives are shown below: Year ending 30.4.X3 RMm Profit before tax 650 Income tax expense (290) Profit after tax 360 At 1st May 20X3, Rose had 900 million RM1 ordinary shares in issue. There had been no share issues during the year ended 30th April 20X3. Year ending 30.4.X4 RMm 800 (350) 450 Required: Calculate the basic EPS with comparatives in each of the following situations: (a) No changes in the shares in the year ended 30 April 20X4 (b) An issue of 50 million shares at full market price took place on 1st December 20X3 (c) A bonus issue of 1 share for every 9 held was made on 1st September 20X3 Extracts from Rose's financial statements for the year ended 30 April 20X4 and comparatives are shown below: Year ending 30.4.X3 RMm Profit before tax 650 Income tax expense (290) Profit after tax 360 At 1st May 20X3, Rose had 900 million RM1 ordinary shares in issue. There had been no share issues during the year ended 30th April 20X3. Year ending 30.4.X4 RMm 800 (350) 450 Required: Calculate the basic EPS with comparatives in each of the following situations: (a) No changes in the shares in the year ended 30 April 20X4 (b) An issue of 50 million shares at full market price took place on 1st December 20X3 (c) A bonus issue of 1 share for every 9 held was made on 1st September 20X3
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Related Book For
Advanced Financial Accounting
ISBN: 978-0137030385
6th edition
Authors: Thomas Beechy, Umashanker Trivedi, Kenneth MacAulay
Posted Date:
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