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Q7. At 31 stDecember 2007, WHITE plc (WHITE) had 4,000,000 ordinary 25 cent shares and 500,00010%1 cumulative preferred shares in issue. On 1st October 2008

image text in transcribed Q7. At 31 stDecember 2007, WHITE plc (WHITE) had 4,000,000 ordinary 25 cent shares and 500,00010%1 cumulative preferred shares in issue. On 1st October 2008 WHITE made a one for four bonus issue, and the company's profit after tax for the years ended 31st December 2007 and 2008 was 450,000 and 550,000 respectively. What is WHITE's diluted EPS for 2008

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