Question
In the year ended31 December 2019, there were9,900,000ordinary shares in issue and the earnings per share wascalculated as$0.335per share. In the year ended31 December 2020,the
In the year ended31 December 2019, there were9,900,000ordinary shares in issue and the earnings per share wascalculated as$0.335per share.
In the year ended31 December 2020,the earnings available for ordinary shareholders amounted to$5,000,000.
The company made aone for five rights issueon30 June 2020ata price of$1.00and the cum rights price on the last day beforethe rights was$2.50.
What are the EPS for the year ended 31 December 2020 and therestated EPS for the year ended 31 December 2019?
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Accounting Theory Conceptual Issues in a Political and Economic Environment
Authors: Harry I. Wolk, James L. Dodd, John J. Rozycki
9th edition
9781483375014, 1483375013, 9781506300108, 1506300103, 978-1483375021
