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Assignment 3-EPS with a new issue: On 30 September 2018, Boffin Co. made an issue at a full market price of 1,000,000 ordinary shares.
Assignment 3-EPS with a new issue: On 30 September 2018, Boffin Co. made an issue at a full market price of 1,000,000 ordinary shares. The company's accounting year runs from 1 January to 31 December. Relevant information for 2017 and 2018 is as follows: Shares in issue as at 31 December Profits after tax and preferred dividend Calculate the EPS for 2018 and 2017! 2017 8,000,000 $3,280,000 2018 9,000,000 $3,300,000
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