On April 1, 2010, X Limited had 1,00,000 equity shares and it has profit after tax attributable
Question:
On April 1, 2010, X Limited had 1,00,000 equity shares and it has profit after tax attributable to equity shareholders of ₹5,00,000. During the year 2010–11 on July 1, 2010, it issued 20,000 new shares and on January 1, 2011, 30,000 more shares were issued on conversion. The reported profit after tax attributable to equity shares for the year ending 2010–11 was ₹8,20,000. Calculate basic EPS.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (2 reviews)
Basic EPS on April 1 2010 is to be calculated as follows Earning at...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The Thibodeaux Crawfish Company wants to determine its value multiple. They are estimating a 6 year high-growth period with a starting sales level of $15,000, EBIT of $5,000, depreciation of $1,500,...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
In December 2019, Berren Tech Bhd had issued RM1 million 6% convertible debentures. Every RM100 debentures can be converted into 20 ordinary shares. As of 31 December 2019, Berren Tech Bhd has RM12...
-
Refer to the Journal of Experimental Psychology-Applied (June 2000) name-retrieval study, presented in Exercise. The data for the study are saved in the NAMEGAME2 file. a. Find a 99% confidence...
-
For each of the following service departments select the activity base listed that is most appropriate for charging service expenses to responsible units Service Department Activity Base (a)...
-
Determine the moment of inertia of the cone with respect to a vertical y axis passing through the cones center of mass. What is the moment of inertia about a parallel axis y that passes through the...
-
It all started with a Facebook post. David Heath was scrolling Facebook one day when he read that socks are the number one item people in homeless shelters request. He remembers thinking that that...
-
A fuel oil is burned with air in a boiler furnace. The combustion produces 813kW of thermal energy; of which 65% is transferred as heat to boiler tubes that pass through the furnace. The combustion...
-
16. A uniform solid right circular cone of base radius R is joined to a uniform solid hemisphere of radius R and of the same density, so as to have a common face. The centre of mass of the composite...
-
A company has 3,600 equity shares on April 1, 2010 on August 31, 2010 company issued 1,200 more shares and on February 1, 2011 it bought back 600 shares. Calculate weighted average number of equity...
-
ZEN Limited (ZL) acquired a machinery from Ashok Healthcare (AH) on operating lease for a period of three years. The lease rent payable by ZL are 2,10,000; 1,20,000 and 2,40,000 during three years,...
-
Cocaine addiction is very hard to break. Even among addicts trying hard to break the addiction, relapse is common. (A relapse is when a person trying to break out of the addiction fails and uses...
-
You are performing a capital budgeting analysis for a client but they are confused about two parts of your analysis. Please answer the following: a. What would constitute an opportunity cost and why...
-
Select one specific financial institution or financial market and relate the history in that area to the development of current regulations. Cover the major legislations that resulted and how...
-
The Car Maintenance team wanted to ensure that the default price of the maintenance actions should not be empty and 0 instead if not specified. Alter the MAINTENANCE_TYPES table created in Chapter 8,...
-
Suppose that U.S. auto producers decide to raise prices to take advantage of their comparative advantage. Given the exchange rate is P10 = $US1 and trade costs of 10%, what is the maximum price that...
-
Cost of Capital The main goal of this case is to reinforce your understanding of how to estimate the cost of capital in capital budgeting. Once you finish learning Lecture 10 - Estimating the Cost of...
-
Matthew Barrett was skiing at Mt. Brighton when he struck a snowboard rail that was located in an area intended for use exclusively by snowboarders. No signs were posted to indicate that the area was...
-
A consultant is beginning work on three projects. The expected profits from these projects are $50,000, $72,000, and $40,000. The associated standard deviations are $10,000, $12,000, and $9,000....
-
Presented below are data on three promissory notes. Determine the missingamounts Date of Note (a) April 1 (b) July 2 (c) March 7 Maturity Date Annual Interest Rate Total Interest Terms Principal...
-
On January 10, 2012, Ruggiero Co. sold merchandise on account to Edwards for $8,000, terms n/30. On February 9, Edwards gave Ruggiero Co. a 7% promissory note in settlement of this account. Prepare...
-
During its first year of operations, Ketter Company had credit sales of $3,000,000, of which $400,000 remained uncollected at year-end. The credit manager estimates that $18,000 of these receivables...
-
How does the 360-degree feedback method address the court's six stress issues depicted in Gerhart and Newman's reading? Since the Brito case, there has been growing evidence that the courts have very...
-
Read"Why Race Isn't as"Black"and White"as We Think"by Brent Staples. What can you find out about your own racial,religious,and cultural heritage? Search the Gateway library database: Ancestry Library...
-
Describe the classic steps for identifying an endocrine gland. Are these steps practical for identifying the sources of all the hormones we know of today? Explain.
Study smarter with the SolutionInn App