A company's profit after tax for the year to 30 June 2014 was OMR 1,000,000....
50.1K
Verified Solution
Link Copied!
Question
Accounting
A company's profit after tax for the year to 30 June 2014 was OMR 1,000,000. The company's issued share capital at 1 Jan 2013 consisted of 2,400,000 ordinary shares of 50 OMR each. A further 300,000 shares were issued at full market price on 1 September 2013. Basic EPS for the year is:
a) OMR 0.4
b) OMR 0.3
c) OMR 0.7
d) OMR 0.9
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
