Hi,
I noted in the answer for Example 2 that all figures have been multiplied by a bonus fraction of 3/2, why is this the case?
If so, should we use this as a fixed template and always use a fraction?
Please confirm.
Thank you.
Aayush Shah
Ask the Tutor ACCA FR
Earnings Per Share - Example 2
4y ago#1Hi,
Yes, whenever there is a bonus issue we need to adjust the share in issue prior to this date by the bonus fraction.
Thanks
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