Calculation EPS?

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May 2, 2014 at 5:26 pm #167158
Pham
Member
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1 Jan 20X1: 5,000,000 ordinary shares
31 Jan 20X1: Right issue (1 for 4 at $1,75). The cum rights price: $2/share
30 June 20X1: Issue at full market price of 125,000 shares
30 Nov 20X1: Make 1 for 10 bonus issue
Profit for the year: $ 2,900,000
EPS for the year ended 31 Dec 20X0: 46.4c
Calculate EPS 20X1 and the restated EPS 20X0?
Please help me?
May 4, 2014 at 8:51 am #167324
MikeLittle
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Have you followed the course notes? If you haven’t, then do so and, if you still have a question, post again.
If you, in fact, have read the course notes and are still struggling, post again!
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