Four companies in the same line of business and with identical trading practices and accounting policies report

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Four companies in the same line of business and with identical trading practices and accounting policies report their earnings per share as shown. Which of these companies would you say is the most profitable one?

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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Question Posted: Aug 28, 2023 09:25 AM

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Four companies in the same line of business and with identical trading practices and accounting policies report

Question:

W plc X plc Y plc Z plc Equity shares in issue 4 million ordinary shares of £1 each 20 million ordinary shares of 50p each 200 million ordinary shares of 20p each 500 million ordinary shares of 10p each EPS 21p 12p 5p 3p

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Financial Accounting An Introduction

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