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Accounting Q-2 From the following information, you are required to compute the basic and adjusted Earnings per share: Net profit for 2015-16 11 lakh Net

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Q-2 From the following information, you are required to compute the basic and adjusted Earnings per share: Net profit for 2015-16 11 lakh Net profit for 2016-17 15 lakh No. of shares issued before rights issue 5 lakhs Right issue One for every 5 held Right issue price 15 per share Last date of exercising right option 1-06-2016 Fair value of shares before right issue 21 per share

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