Quick meals company's profit after tax for the year to 31 December 2020 was OMR 160,000. The comparative figure for 2019 was OMR 155,000. The company's issued share capital on 1 January 2019 consisted of 350,000 ordinary shares. A 1 for 4 bonus issue was made on 1 July 2020. There were no other share issues in either year. a. Calculate Restated Basic EPS for 2019(Before bonus issue). OMR 0.262 OMR 0.442 OMR 0.354 None of the listed choices b. Calculate Restated Basic EPS for 2019(After bonus issue). OMR 0.354 None of the listed choices OMR 0.442 OMR 0.262 C. Calculate basic EPS for year 2020. None of the listed choices OMR 0.354 OMR 0.365 OMR 0.442

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Plz solve for A ,B and C !!
Quick meals company's profit after tax for the year to 31 December 2020 was OMR 160,000. The comparative figure
for 2019 was OMR 155,000. The company's issued share capital on 1 January 2019 consisted of 350,000 ordinary
shares. A 1 for 4 bonus issue was made on 1 July 2020. There were no other share issues in either year.
a. Calculate Restated Basic EPS for 2019(Before bonus issue).
OMR 0.262
OMR 0.442
OMR 0.354
None of the listed choices
b. Calculate Restated Basic EPS for 2019(After bonus issue).
OMR 0.354
None of the listed choices
OMR 0.442
OMR 0.262
C. Calculate basic EPS for year 2020.
None of the listed choices
OMR 0.354
OMR 0.365
OMR 0.442
Transcribed Image Text:Quick meals company's profit after tax for the year to 31 December 2020 was OMR 160,000. The comparative figure for 2019 was OMR 155,000. The company's issued share capital on 1 January 2019 consisted of 350,000 ordinary shares. A 1 for 4 bonus issue was made on 1 July 2020. There were no other share issues in either year. a. Calculate Restated Basic EPS for 2019(Before bonus issue). OMR 0.262 OMR 0.442 OMR 0.354 None of the listed choices b. Calculate Restated Basic EPS for 2019(After bonus issue). OMR 0.354 None of the listed choices OMR 0.442 OMR 0.262 C. Calculate basic EPS for year 2020. None of the listed choices OMR 0.354 OMR 0.365 OMR 0.442
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