Quick meals company's profit after tax for the year to 31 December 2020 was OMR 160,000. The comparative figure for 2019 was OMR 155,000. The company's issued share capital on 1 January 2019 consisted of 350,000 ordinary shares. A 1 for 4 bonus issue was made on 1 July 2020. There were no other share issues in either year. a. Calculate Restated Basic EPS for 2019(Before bonus issue). OMR 0.262 OMR 0.442 OMR 0.354 None of the listed choices b. Calculate Restated Basic EPS for 2019(After bonus issue). OMR 0.354 None of the listed choices OMR 0.442 OMR 0.262 C. Calculate basic EPS for year 2020. None of the listed choices OMR 0.354 OMR 0.365 OMR 0.442

Quick meals company's profit after tax for the year to 31 December 2020 was OMR 160,000. The comparative figure for 2019 was OMR 155,000. The company's issued share capital on 1 January 2019 consisted of 350,000 ordinary shares. A 1 for 4 bonus issue was made on 1 July 2020. There were no other share issues in either year. a. Calculate Restated Basic EPS for 2019(Before bonus issue). OMR 0.262 OMR 0.442 OMR 0.354 None of the listed choices b. Calculate Restated Basic EPS for 2019(After bonus issue). OMR 0.354 None of the listed choices OMR 0.442 OMR 0.262 C. Calculate basic EPS for year 2020. None of the listed choices OMR 0.354 OMR 0.365 OMR 0.442

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter5: The Income Statement And The Statement Of Cash Flows

Section: Chapter Questions

Problem 11P: Net Income and Comprehensive Income At the beginning of 2019, JR Companys shareholders equity was as...

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