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CalculationBeginnerPublished

Question · Basic earnings per share formula

For the year, Vermeil SA earned a profit attributable to ordinary equity holders of 2,340,000 (in euros). Its weighted average number of ordinary shares outstanding is 1,800,000 units; at the reporting date, 2,000,000 ordinary shares are outstanding. Calculate basic earnings per share. Round earnings per share to two decimals (case convention).

Profit attributable to ordinary equity holders
2,340,000
Weighted average number of ordinary shares
1,800,000
Your answer

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