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hard20 pts · first answer countsepsfinancial-statements

Basic EPS with a mid-year share issue

Profit after tax is ₹50,00,000 and preference dividend is ₹5,00,000. The company had 8,40,000 equity shares at the start of the year and issued 1,20,000 more for cash on 1 October (year ends 31 March). What is basic EPS?

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