Page 114 - F2 Integrated Workbook STUDENT 2019
P. 114
Chapter 5
Basic EPS: Full price share issues
2.1 Weighted average number of shares: full price share issues
Cash is generated from share issues. These share issues contribute to earnings
potential.
The number of shares is time apportioned.
Actual number of shares n/12
in issue
number of shares before months before share X
share issue issue/12
number of shares after months after share X
share issue issue/12
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