Basic EPS for the year A companys issued share capital is 2m, comprising four million ordinary shares
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Question:
Basic EPS for the year A company’s issued share capital is £2m, comprising four million ordinary shares at 25p each and one million 8% preference shares of £1. An extract from the company’s statement of comprehensive income for the year to 31 March 2020 is as follows:
£000
Profit before tax 560
Taxation 170
Profit after tax 390
Preference dividends of £80,000 were paid during the year.
Required:
Calculate basic EPS for the year
Related Book For
An Introduction to Statistical Methods and Data Analysis
ISBN: 978-1305269477
7th edition
Authors: R. Lyman Ott, Micheal T. Longnecker
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