Question
Calculation of Basic EPS - Simple Structure (Bonus Exercise : 6 Issue) C company has the following after-tax profits for its two most recent accounting
Calculation of Basic EPS - Simple Structure (Bonus Exercise : 6 Issue) C company has the following after-tax profits for its two most recent accounting periods: RO000 Year ended 31st December 2016 330 Year ended 31st December 2017 341 On 1st January 2016, the company's issued share capital consisted of 600,000 ordinary shares. On 1 August 2017, the company made a 1 for 6 bonus issue. Required: (a) Calculate basic EPS for the year 2017
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen and Peter Brewer
14th edition
978-007811100, 78111005, 978-0078111006
