• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

New! BPP Books for ACCA September 2022 Exams are now available, get your discount code >>

Full market share issue

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Full market share issue

  • This topic has 1 reply, 2 voices, and was last updated 7 months ago by P2-D2.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • October 27, 2021 at 3:08 am #639165
    Nikitagarwal
    • Topics: 154
    • Replies: 146
    • ☆☆☆

    An entity, with a year-end of 31 December 20X8, issued 200,000 shares
    at full market price of $3 on 1 July 20X8.
    Relevant information
    20X8 20X7
    Profit attributable to the ordinary
    shareholders for the year ending
    31 December $550,000 $460,000
    Number of ordinary shares in issue at
    31 December 1,000,000 800,000
    Required:
    Calculate the EPS for each of the years.

    I got the correct answer here however I want to understand if doing 6/12 is even relevant here , doing it for shares ? and if it is correcting on basis of accounting why is it ?
    please explain

    October 30, 2021 at 9:49 am #639458
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 6115
    • ☆☆☆☆☆

    It is the adjustment for the shares being issued on 1 July and being in issue for six-months up to the 31 December reporting date. I’d recommend that you watch the EPS videos to get a full understanding and come back if you are still unsure.

    Thanks

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate

If you have benefited from OpenTuition please donate.

Specially for OpenTuition students

20% off BPP Books

Get BPP Discount Code

Latest comments

  • Alistair02 on MA Chapter 1 Questions Accounting for Management
  • AymanR7 on Practice Question Klopp
  • Kyle on Translation of the subsidiary – ACCA (SBR) lectures
  • John Moffat on Discounting, Annuities, Perpetuities – ACCA Management Accounting (MA)
  • Joanne94 on Discounting, Annuities, Perpetuities – ACCA Management Accounting (MA)

Copyright © 2022 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in


We use cookies to show you relevant advertising, find out more: Privacy Policy · Cookie Policy