Question
(a) Fenton had 5,000,000 ordinary shares in issue on 1 January 20X1. On 31 January 20X1, the company made a rights issue of 1 for
(a) Fenton had 5,000,000 ordinary shares in issue on 1 January 20X1. On 31 January 20X1, the company made a rights issue of 1 for 4 at $1.75.
The C*m rights price was $2 per share.
On 30 June 20X1, the company made an issue at full market price of 125,000 shares.
Finally, on 30 November 20X1, the company made a 1 for 10 bonus issue. Profit for the year was $2,900,000.
The reported EPS for year ended 31 December 20X0 was 46.4c.
Required What was the earnings per share figure for year ended 31 December 20X1 and the restated EPS for year ended 31 December 20X0?
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Companies Audit Investigations And Community Enterprise Act 2004 UK
Authors: The Law Library
1st Edition
1987582950, 978-1987582956
