Question
Teddison had the following capital and reserves on 1 April 2016: P000 Share capital (P1 ordinary shares) 7,000 Share premium 900 Revaluation reserve 500 Retained
- Teddison had the following capital and reserves on 1 April 2016:
P000
Share capital (P1 ordinary shares) 7,000
Share premium 900
Revaluation reserve 500
Retained earnings 9,000
Shareholders funds 17,400
Teddison makes a bonus issue of one share for every seven held, on 31 August 2017.
Teddisons results are as follows: 2018 2017
P000 P000
Profit after tax 1,150 750
Calculate EPS for the year ending 31 March 2018, together with the comparative EPS for 2017 that would be presented in the 2018 accounts. (5)
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Using QuickBooks Accountant 2018 For Accounting
Authors: Glenn Owen
16th Edition
9780357042083
