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intermediate financial a cohnting question Hexagon Ltd has 250 million ordinary shares with par value of $0.80 as at December 31, 2019. On April 30,

intermediate financial a cohnting question
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Hexagon Ltd has 250 million ordinary shares with par value of $0.80 as at December 31, 2019. On April 30, 2020, the entity decided to make a two for five rights issue for $1.90 when the market price per share was $2.15. For the years ending December 31, 2019 and 2020, the entity reported net profit of $107 million and $131 million respectively 1:07 PM Prepared the journal entry to record the rights issue of shares 1:09 PM Compute the EPS for 2020, showing all supporting workings 1:09 PM Compute the original and restated EPS for 2019 1:10 PM

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