on january 1 2011, Maya co issued 60,000 additional shares. This brought the total number of shares in issue to 660,000. In the year to 30 April 2011, the profit before tax was 847,400 and the tax charge was 47,800. what was earning per share for the year to 30 april 2011
If the total number of shares in issue is 660,000, the profit before tax was 847,400 and the tax charge was 47,800, then earning per share for the year is: Earning per share = (Profit before tax - Tax)/Number of shares = (847,400 - 47,800)/660,000 = 799,600/660,000 = $1.21 per share.
The moment you’ve entered the education system is the moment you start to realize that, although studying is extremely important,…
APPROVED BY CLIENTS
The service is great, the people that chat with online, are excellent they take of business quickly. the price are great, it might vary. Even though I do not have my grade yet. I feel the assignments are great. Thank you