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QUESTION 3 A company's profit after tax for the year ended 28 February 2016 was R2 480 000 with 500 000 ordinary shares issued.

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QUESTION 3 A company's profit after tax for the year ended 28 February 2016 was R2 480 000 with 500 000 ordinary shares issued. On 1 September 2016, a one for four bonus issue was made. What is the Basic EPS? 1. R4.96 2. R6.2 3. R3.97 4. R7.94

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