Murray Ltd determined its profit attributable to ordinary shareholders for the reporting period ended 30 June 2022 as $630 000. The average market price of the entity's shares during the period is $3.00 per share. The weighted average number of ordinary shares on issue during the period is 100 000. The weighted average number of shares under share options arrangements during the year is 20 000 and the exercise price of shares under option is $1.50. Murray Ltd's basic earnings per share at 30 June 2022 is:
A) $0.63
B) $6.30
C) $5.25
D) $2.10
Correct Answer:
Verified
Q3: The basic earnings per share and diluted
Q4: Margaret Ltd determined its profit attributable to
Q5: Earnings per share is calculated by:
A) dividing
Q6: For the purposes of calculating diluted earnings
Q7: Any errors or adjustments resulting from changes
Q9: AASB 133 applies to the computation and
Q10: The number of shares used in the
Q11: If the entity has a discontinued operation,
Q12: Paragraphs 70-73 of AASB 133 prescribe various
Q13: Under AASB 133, if an entity presents
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents