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  3. c ple has the following after-tax profits for its

C ple has the following after-tax profits for its two most recent accounting periods: ...

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Accounting

C ple has the following after-tax profits for its two most recent accounting periods:
On 1 November 2013, the company's issued share capital consisted of 500,000 ordinary
shares. On 1 August 2015, the company made a 1 for 10 bonus issue.
Required:
(a) Calculate basic EPS for the year to 31 October 2015.
(b) Calculate restated basic EPS for the year to 31 October 2014 and explain why this
restatement is necessary.
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