A company issues bonus shares for no consideration on 1 August 2021. For the reporting period ended 30 June 2022, the calculation of:
A) only basic earnings per share must be adjusted retrospectively for all periods that are presented in the financial statements.
B) only the diluted earnings per share must be adjusted retrospectively for all periods that are presented in the financial statements.
C) both basic earnings per share and diluted earnings per share may be adjusted retrospectively at the option of the entity for all periods that are presented in the financial statements.
D) both basic earnings per share and diluted earnings per share must be adjusted retrospectively for all periods that are presented in the financial statements.
Correct Answer:
Verified
Q2: Earnings per share disclosed by reporting entities
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
Q8: Murray Ltd determined its profit attributable to
Q9: AASB 133 applies to the computation and
Q10: The number of shares used in the
Q11: If the entity has a discontinued operation,
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