wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Trendz Spa is a company listed on the Bombay Stock Exchange. Its Financial statements for the year ended 31 March 2015 Showed earning per share of Rs.136.
On 1 October 2015, Trendz spa made a 3 for 1 bonus issue. According to IAS 33 - 'Earning per share', what figure for the 2015 EPS will be shown as comparative information in the financial statements for the year ended 31 March 2016?

A
Rs.34
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Rs.45.36
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Rs.408
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Rs.544
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B Rs.34
Earning per share = Earning for equity shareholders
----------------------------------------------
No. of shares.
= Rs-136
-------------
3 + 1
= Rs-34 per share.

flag
Suggest Corrections
thumbs-up
0
similar_icon
Similar questions
View More
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Numerical Example-I
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon