Multiply Both Sides of the Bottom Equation by 100 and Then

question 98

Short Answer

Multiply both sides of the bottom equation by 100 and then solve by the elimination method. If the system is dependent or inconsistent , indicate this.

Understand the impact of corporate actions like bonus shares and share splits on the calculation of EPS.

Identify adjustments necessary for calculating diluted EPS.

Learn about the retrospective adjustments required for changes in accounting policies or correction of errors in respect to EPS.

Grasp the requirements for disclosing EPS in financial statements.

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