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June 2013 Q2 note (v) EPS

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › June 2013 Q2 note (v) EPS

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by MikeLittle.
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  • June 3, 2016 at 9:16 am #319055
    acca2050
    Participant
    • Topics: 41
    • Replies: 51
    • ☆☆

    Weighted Average area:

    1st line in question ie Equity shares @$0.50 for $50,000, becomes= 100,000 shares

    Take it into the weighted Avg table, it should have been 100,000 x 3/12 x 2/1.84 = 27,173 shares.

    From where did you get the 80,000 shares figure?

    Just this area, excluded points are all done.

    Many Thanks

    June 4, 2016 at 4:31 am #319222
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23334
    • ☆☆☆☆☆

    If there are in issue, immediately AFTER a rights issue of 1 for 4, 100,000 shares how many were in issue BEFORE that 1 for 4 issue?

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