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2. RMT Company had earnings after taxes of AED 30 million in the year 2018 with 3,000,000 shares of stock outstanding. On January 1, 2019,

2. RMT Company had earnings after taxes of AED 30 million in the year 2018 with 3,000,000 shares of stock outstanding. On January 1, 2019, the firm issued 50,000 new shares. Because of the proceeds from these new shares and other operating improvements, earnings after taxes increased by 25 percent. a. Compute earnings per share for the year 2018. b. Compute earnings per share for the year 2019

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