Mara Berhad's financial year ending is on 31 December annually. Mara Berhad had 500,000 shares in...
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Mara Berhad's financial year ending is on 31 December annually. Mara Berhad had 500,000 shares in issue, until on 30 June 2019, it made a bonus issue 1:10 Total earnings were RM100,000 and EPS for year 2018 was RM0.10. Calculate EPS for year 2019 and corresponding EPS figure for year 2018. Mara Berhad's financial year ending is on 31 December annually. Mara Berhad had 500,000 shares in issue, until on 30 June 2019, it made a bonus issue 1:10 Total earnings were RM100,000 and EPS for year 2018 was RM0.10. Calculate EPS for year 2019 and corresponding EPS figure for year 2018.
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Answer rating: 100% (QA)
To calculate the EPS for year 2018 we can use the formula EPS Net earnings for the year Number of sh... View the full answer
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
Posted Date:
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