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How to find weighted average of equity share outstanding during the year? (I m facing problems like Bonus issued during year , split of shares )
Replies (1)
Its easy..you should take whole year and date is not relevant in both share split n bonus
eg: PAT=100000 opening shares=1000 on apr 1, 2013..Bonus issued 1:1 on 15th December, share split into two on 1st jan 14
Now Shares before split=1000+1000=2000
Shares after split=2000*2=4000
Thus, BEPS=100000/4000=25
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