Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>

Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>

Caveron Co

This topic has 1 reply, 2 voices, and was last updated 1 year ago by P2-D2.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
November 5, 2021 at 6:31 pm #640023
Nikitagarwal
Participant
- Topics: 153
- Replies: 146
Hi Sir,
Hope you are well
The question is from BPP revision kit.
This is related to EPS , I wanted to understand why did they multiplied 50m *20 , I mean the new shares is issues for every 4-1 share so technically :
250m shares – original and
62.5m shares – right issues should have been issues which should have been added.
However as per answer it is deducted , can you please help me understand why is that the case?
November 7, 2021 at 8:54 am #640117
P2-D2
Keymaster
- Topics: 4
- Replies: 6453
Hi,
You might need to be careful here as I think the 250m shares could be the number in issue after the rights issue has taken place. If so to find the number in issue before this then you would need to deduct the number of shares issued as part of the rights issue.
Thanks
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.