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Rtp may 2012 ca final

This query is : Resolved 

27 February 2012

please tell me the explanation of Q No. 3(d) ii (RTP may 2012 exam CA final)

in regard to shares taken in the denominator as 24 lacs?

CA Siddhartha Bhardwaj (Expert)
12 May 2012

Outstanding shares on 31.12.10 = 8,00,000
Add: Bonus Issue (8,00,000*2) = 16,00,000

Total Shares = 24,00,000

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