Question
Samba Plc provides the following: Shares (nominal value $0.50) in issue at $2.50 on 1 January 2022 $1,000,000. Shares issued at $1 for cash at
Samba Plc provides the following: Shares (nominal value $0.50) in issue at $2.50 on 1 January 2022 $1,000,000.
Shares issued at $1 for cash at market price on 30 September 2022 $500,000
Earnings after interest and tax $2,875,000
Calculate the time-weighted number of shares for EPS calculation at 31 December 2022
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett
6th Edition
0077211332, 9780077211332
