Calculate Basic and Diluted earning per share with the following data.(20)
-  Share capital on 01-04-2021
5,00000 equity shares of Rs. 10 each.
-Issue of right shares at par for cash on 01-07-2021 in the ratio of 1 new share for every 5 share held.
-Issue of bonus share on 01-10-2021 in the ratio of 1 new share for every five shares (excluding right shares).
-Convertible debentures on 01-04-2021
10% debentures of Rs. 1,000,000
Net profit after tax @ 30% for the year 2021-22 Rs. 2100,000

Answer rating: 100% (QA)

Answer Basic EPS Net Profit Number of Shares 2100000 500000 Rs ... View the full answer