If a bonus issue took place during the year, what number of shares should b used in the basic earnings per share calculation?
A. The number of share in issue at the end of the year
. B. The number of shares in issue at the beginning of the year
C. The weighted average number of shares
.D.The weighted average number of shares adjusted by the bonus element
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Eps
Hi,
Which one do you think it is and why? Have a look through the video on basic EPS as the answer will be there. If you're still unsure of the answer then please let me know.
Thanks
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