Calculate the earnings per share

Assignment Help Accounting Basics

Reference no: EM132663821

Question - The management of Globe Travel (Pty) Ltd extracted the following information from the accounting records for the financial year ending 30 June 2020:

Depreciation R25 000

Administration expense R220 000

Sales R3 450 000

Sales expenses R180 000

Cost of goods sold R2 550 000

Lease expense R40 000

Interest expense R30 000

Dividends on preference shares R35 000

Dividends per ordinary share R0.50

Number of ordinary shares in issue 900 000

Tax rate 28%

Required - Use the information provided to calculate the earnings per share (EPS) and the net profit margin. Show all calculations.

Reference no: EM132663821

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