The profits after tax of D plc are as follows: Year to 30 September 2016............... 50,000

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The profits after tax of D plc are as follows:
                                                                          £
Year to 30 September 2016............... 50,000
Year to 30 September 2017............... 52,800

On 1 October 2015, the company's issued share capital consisted of 150,000 ordinary shares. On 1 July 2017, the company made a 1 for 5 rights issue at 50p per share. This issue was fully subscribed. The market value of the company's shares just before the rights issue was 80p per share.


Required:

(a) Calculate basic EPS for the year to 30 September 2017.

(b) Calculate restated basic EPS for the year to 30 September 2016.

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