Question: Calculation of Basic EPS - Simple Structure (Bonus Exercise : 6 Issue) C company has the following after-tax profits for its two most recent accounting
Calculation of Basic EPS - Simple Structure (Bonus Exercise : 6 Issue) C company has the following after-tax profits for its two most recent accounting periods: RO000 Year ended 31st December 2016 330 Year ended 31st December 2017 341 On 1st January 2016, the company's issued share capital consisted of 600,000 ordinary shares. On 1 August 2017, the company made a 1 for 6 bonus issue. Required: (a) Calculate basic EPS for the year 2017
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
