On 31 December 2024, Caradoc Ltd has 50 000 ordinary shares outstanding. The only change in share

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On 31 December 2024, Caradoc Ltd has 50 000 ordinary shares outstanding. The only change in share outstanding during this period was a 1 for 2 bonus issue on 1 March 2023.

Caradoc Ltd’s profit attributable to ordinary shareholders was $15 000 (2023: $14 000, 2022; $11 000).

Required

Calculate basic EPS for 2024, 2023 and 2022 for Caradoc Ltd and comment on the trend.

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Financial Reporting

ISBN: 9780730396413

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Authors: Janice Loftus, Ken Leo, Sorin Daniliuc, Belinda Luke, Hong Nee Ang, Mike Bradbury, Dean Hanlon, Noel Boys, Karyn Byrnes

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Question Posted: Apr 08, 2024 09:00 AM

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On 31 December 2024, Caradoc Ltd has 50 000 ordinary shares outstanding. The only change in share

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Note without the bonus adjustment the EPS for 2022 would ha...View the full answer

Financial Reporting

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