FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

XYZ Ltd. has an equity capital of Rs. 10 crores, with 1,00,000 shares of Rs. 100 each. The company earned a profit of Rs. 2

XYZ Ltd. has an equity capital of Rs. 10 crores, with 1,00,000 shares of Rs. 100 each. The company earned a profit of Rs. 2 crores last year and decided to distribute Rs. 1 crore as dividends. The company is planning to issue bonus shares in the ratio of 1:1. Calculate the new earnings per share (EPS) and the new dividend per share (DPS) after the bonus issue.

Step by Step Solution

★★★★★

3.45 Rating (145 Votes )

There are 3 Steps involved in it

Step: 1

The detailed answer for the above question is provided below Before the bonus issue Total Equity Cap... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Canadian Income Taxation Planning And Decision Making

Canadian Income Taxation Planning And Decision Making

Authors: Joan Kitunen, William Buckwold

17th Edition 2014-2015 Version

1259094332, 978-1259094330

More Books

Students also viewed these Finance questions

Question

★★★★★
In the beginning of January 2009, Mr. L.C. Tandon, Director of Finance of Central Equipment Company (CEC) was evaluating the pros and cons of debt and equity financing for the purpose of expansion of...

Answered: 1 week ago

Question

★★★★★
In January, the board of directors of the Montgomery Corporation, one of Canada's largest retail store chains, was having its regularly scheduled meeting to establish and declare the next quarterly...

Answered: 1 week ago

Question

★★★★★
a. Do you think that giving millions of rials to repurchase their own shares has any impact on the company? b. Provide the detailed accounting treatment that includes only the transactions related to...

Answered: 1 week ago

Question

★★★★★
Calculate the heat released as 35.5 g of copper (0.0920 cal/g x C) cools from 50.0 C to 25.0 C.

Answered: 1 week ago

Question

★★★★★
Consider three independent cases for the cash flows of 579 Pavilion Shoes. For each case, identify from the statement of cash flows how 579 Pavilion Shoes generated the cash to acquire new plant...

Answered: 1 week ago

Question

★★★★★
In this appeal, we must determine whether appellants, the parents of two young children, have legally cognizable claims for mental anguish allegedly sustained when a repossession agent towed their...

Answered: 1 week ago

Question

★★★★★
Determine the value of ????crit for a lower-tailed test when (a) ???? = 0.01. (b) ???? = 0.05. (c) ???? = 0.10.

Answered: 1 week ago

Question

★★★★★
Cell Plus Technologies manufactures capacitors for cellular base stations and other communication applications. The company's July 2018 flexible budget shows output levels of 8,500, 10,000, and...

Answered: 1 week ago

Question

★★★★★
examples of ways to collect evidence from CPU cache

Answered: 1 week ago

Question

★★★★★
The following table summarizes the operating results for Bene Petits first year of operations: Bene Petit First year operating data: Single (1 serving) Dual (2 servings) Family (4 servings) Total...

Answered: 1 week ago

Question

★★★★★
4. Explain the five shifters of supply? Price of Resources Numbers of Producers Technology Taxes Subsidies Expectations Cost of Items will go Supply Curve will shift to the ....

Answered: 1 week ago

Question

★★★★★
for many of its soup and casserole items. The per-bag purchase cost of all bags received in January was $30. Use the following information to calculate the value of ground beet The Pleasant Meadows...

Answered: 1 week ago

Question

★★★★★
Interest Accruals Adjusting Entries Practice Set A. XYZ, Inc., a corporation in the film industry, made a short-term loan to one of their employees an aspiring actor, Johnny Debt. The note was made...

Answered: 1 week ago

Question

★★★★★
What experience you have with computers and taking online courses. Are you ready to get certified in Network , and how might doing so help you with a future job and/or career

Answered: 1 week ago

Question

★★★★★
Doyen Constructions Pty Ltd is a multinational construction and property investment company based in Sydney. After failure to make profits from a number of construction projects with major commercial...

Answered: 1 week ago

Question

★★★★★
Take notes throughout the ELO then complete the following questions that apply to your selected event. (you can develop your own questions that explain your experience attending the event) 1. Explain...

Answered: 1 week ago

Question

★★★★★
On the graph presented, match each element to its appropriate description Element Description Point A Area G Area C Line H Line l Area B Area F Axis E Axis D

Answered: 1 week ago

Question

★★★★★
For all of the following words, if you move the first letter to the end of the word, and then spell the result backwards, you will get the original word: banana dresser grammar potato revive uneven...

Answered: 1 week ago

Question

★★★★★
Give three basic reasons that a vendor may be prepared to accept a greater risk in exchange for a tax deferral on the sale of a business.

Answered: 1 week ago

Question

★★★★★
A Canadian business corporation may, in addition to providing equity capital, support its foreign operations by providing loan capital, management services, technology, and equipment. What general...

Answered: 1 week ago

Question

★★★★★
An individual invests in a bank term deposit on July 1, 20X0. When does the individual recognize the interest income for tax purposes if the investment has a term of three years, with interest...

Answered: 1 week ago

Question

★★★★★
Stereograms appear to be composed entirely of random dots. However, they contain separate images that a viewer can "fuse" into a three-dimensional (3D) image by staring at the dots while defocusing...

Answered: 1 week ago

Question

★★★★★
Students were asked how many songs they had in their digital music libraries. Here's a display of the responses: a) What aspect of this distribution makes it difficult to summarize, or to discuss,...

Answered: 1 week ago

Question

★★★★★
Here are the same data you saw in Exercise 47 after re-expressions as the square root of assets (in $M) and the logarithm of assets (in $M): a) Which re-expression do you prefer? Why? b) In the...

Answered: 1 week ago

Previous Question Next Question