Question
On 1 April 2019 Joann Jeans Ltd had 3,000,000 in 50p ordinary shares. On 1 January 2020 it made a market issue of 1,500,000 shares,
On 1 April 2019 Joann Jeans Ltd had 3,000,000 in 50p ordinary shares. On 1 January 2020 it made a market issue of 1,500,000 shares, followed immediately by a bonus issue on the basis of 1 for 3. The profit for the year ended 30 March 2020 was 4,500,000.
What is the EPS for the year to the nearest pence?
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The Future Of Audit Keeping Capital Markets Efficient
Authors: Keith Houghton, Christine Jubb, Michael Kend, Juliana Ng
1st Edition
1921666501, 978-1921666506
