Question 25 Not yet Identify the correct formula: answered Marked out of 1.00 Flag question Net income from discontinued operation Income from continuing operation Expenses from discontinued operation. Net profit before tax - Sales - operating expenses. Income from continuing operation = Net profit before tax + Income tax None of the listed choices On 26 Not yel Identify the journal entry. If the provision amount is less than the assessed tax answered Marked out of 1.00 Dr. Expense Taxation / Tax Hability Dr. Taxation / Tax liability Expense Dr. Tax refund Cr. Expense Dr. Expense C Tax refund Tag question Question 27 Not yet Choose the correct order of calculation of EPS in case of right issue. answered 1. Calculate Theoretical Ex-Rights price Marked out of 1.00 F Flag question II. Calculate Weighted Average Number of Shares III. Calculation restated basic Earnings Per Share IV. Calculate bonus element. a None of the listed choices II, III, IV I, IV, II, III II, III, I, IV Question 28 Bonus element is equal to: Not yet answered Marked out of 100 TERP/ Market Price before exercise the rights Market Price after exercise the rights / TERP Market Price before exercise the rights / TERP Market Price before exercise the rights / Number of shares outstanding Flag