Extract from XYZ's financial statements for the year ended 30 April 2015 and comparatives are shown below: Income Statement Year ending 30.04.2015 Year ending 30.04.2014 Profit before tax RM 800 RM 650 Income tax expense ( RM 350 ) ( RM 290 ) ___________ ___________ Profit after tax RM 450 RM 360 ======= ======= At 1 May 2014, XYZ has 900 million RM 1 ordinary shares in issue. Calculate the basic EPS for 2015, with that for 2014 as comparative figure in the following situations: a) No changes in shares in the year ended 30 April 2015. b) An issue of 50 million shares at full market price took place on 1 December 2014. c) A bonus issue of 1 share for every 9 held was made on 1 September 2014. d) On 1 July 2014, a rights issue took place of 1 share for every 4 held at RM 2. The market value of each share immediately before rights issue was RM 2.50
Extract from XYZ's financial statements for the year ended 30 April 2015 and comparatives are shown below:
Income Statement
Year ending 30.04.2015 Year ending 30.04.2014
Profit before tax RM 800 RM 650
Income tax expense ( RM 350 ) ( RM 290 )
___________ ___________
Profit after tax RM 450 RM 360
======= =======
At 1 May 2014, XYZ has 900 million RM 1 ordinary shares in issue. Calculate the basic EPS for 2015, with that for 2014 as comparative figure in the following situations:
a) No changes in shares in the year ended 30 April 2015.
b) An issue of 50 million shares at full market price took place on 1 December 2014.
c) A bonus issue of 1 share for every 9 held was made on 1 September 2014.
d) On 1 July 2014, a rights issue took place of 1 share for every 4 held at RM 2. The market value of each share immediately before rights issue was RM 2.50.
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