Gold Ltd has the following shares 7in issue throughout 2022: 10 000 ordinary share; and...
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Accounting
Gold Ltd has the following shares 7in issue throughout 2022: 10 000 ordinary share; and 10 000 10% non-redeemable participating preference shares (at N$2 each) Gold Ltd earned a profit after tax of N$100 000 in 2022. The preference shares participate to the extent of 1/4 of the dividends declared to ordinary shareholders. Required: Calculate the basic earnings in terms of IAS33 (Earnings per share)
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