Gimlet Plc has earnings after tax of £930 000 for the year ended 30 June 2015.At the beginning of the period Gimlet had 250 000 fully paid-up ordinary shares on issue.On 30 December 2014 the company made a one-for-six bonus issue.The last sale price of the shares immediately prior to the bonus issue was £1.35 each.What are the earnings per share taking into account the bonus issue?
A) £3.72
B) £4.13
C) £4.34
D) £3.19
Correct Answer:
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