The following information relates to Odd job Plc Earnings available to ordinary shareholders for the year ended 31 December 2020 were 80,000 and 72,000 for the previous year (to 31 December 2019) The balance sheet at 31 December 2019 showed 240,000 Ordinary shares in issue On 1 st July 2020, Odd jo...

Answer a Earning per share as on 31st December 2020 ...

The following information relates to Odd-job Plc: Earnings available to ordinary shareholders for the year ended 31

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Earnings available to ordinary shareholders for the year ended 31 December 2020 were £80,000 and £72,000 for the previous year (to 31 December 2019).

The balance sheet at 31 December 2019 showed 240,000 Ordinary shares in issue.

On 1^st July 2020, Odd-job plc made a 1 for 5 rights issue of ordinary shares.

The market price of an ordinary share on this date was £5.20.

The rights price is £4.00.

Required:

Calculate the earnings per share for Odd-job Plc for the year ended 31 December 2020.

Calculate the restated earnings per share for Odd-job Plc for the year ended 31 December 2019.

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Intermediate Accounting

ISBN: 978-1118147290

15th edition

Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield

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Posted Date: Nov 18, 2022 03:23 AM

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The following information relates to Odd-job Plc: Earnings available to ordinary shareholders for the year ended 31

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