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MCQs 10.10-10.11 are based on the following data: Caradhras plc had the following results for the year ended 31 December 20X4: Profit for earnings per

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MCQs 10.10-10.11 are based on the following data: Caradhras plc had the following results for the year ended 31 December 20X4: Profit for earnings per share calculation 2,068 million Caradhras plc had 5,000 million equity shares in issue throughout the year. On 1 July 20x4 the directors decide to make a bonus issue. They issue 3 shares for each share that the shareholder already has. After the year end they make another bonus issue, this time issuing 1 free share for every share held. Last year's basic EPS attributable to equity shareholders was 45c per share. [MCQ 10.10] The basic EPS attributable to equity shareholders is: (a) (6) 13.79c 10.34c 6.89c 5.17c net income-preferred dividends weighted average Shares (d) [MCQ 10.11] The previous year's basic EPS attributable to equity shareholders should now be: (a) (b) (c) 15.00c 11.25c 7.500 5.625c

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