XYZ Ltd. has an equity capital of Rs. 10 crores, with 1,00,000 shares of Rs. 100 each.
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Question:
XYZ Ltd. has an equity capital of Rs. 10 crores, with 1,00,000 shares of Rs. 100 each. The company earned a profit of Rs. 2 crores last year and decided to distribute Rs. 1 crore as dividends. The company is planning to issue bonus shares in the ratio of 1:1. Calculate the new earnings per share (EPS) and the new dividend per share (DPS) after the bonus issue.
Related Book For
Canadian Income Taxation Planning And Decision Making
ISBN: 9781259094330
17th Edition 2014-2015 Version
Authors: Joan Kitunen, William Buckwold
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