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On April 1, 2020, a company has 830,000 ordinary shares in issue. During the year, it issues options for another 300,000 shares. During the year
On April 1, 2020, a company has 830,000 ordinary shares in issue. During the year, it issues options for another 300,000 shares. During the year to March 31, 2021, the average fair value of one ordinary share was $48 and the exercise price for the shares under option was $38. The profit for the year is $907,000. REQUIRED: Calculate BEPS and DEPS for the year
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
