A company's profit after tax for the year to 31 December 2015 was P150,000. The comparative figure for 2014 was P135,000The company's issued share capital at 1 January 2014 consisted of 240,000 ordinary shares. A 1 for 4 bonus issue was made on 1 July 2015. There were no other share issues in either year. What is the basic EPS reported in the 2014 income statement?

A company's profit after tax for the year to 31 December 2015 was P150,000. The comparative figure for 2014 was P135,000The company's issued share capital at 1 January 2014 consisted of 240,000 ordinary shares. A 1 for 4 bonus issue was made on 1 July 2015. There were no other share issues in either year. What is the basic EPS reported in the 2014 income statement?

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter17: Synthesis And Extensions

Section: Chapter Questions

Problem 3E

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