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The following information relates to Kanana Ltd for the financial year ended June 2017: Revenue R916 440 (2016: R783 2

Posted: Mon Nov 15, 2021 5:13 pm
by answerhappygod
The following information relates to Kanana Ltd for the
financial year ended June 2017:
Revenue R916 440 (2016: R783 282)
Gross profit margin 41% (2016: 46%)
Profit for the year R88 160 (2016: R114 815)
Assuming the authorised and issued shares are 150 000 and 120
000 respectively, the earnings per share in Rands for 2017 is
calculated as:
R 0.588