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Question 2 You have been provided with the following information for the year ended 30 June 2022 for ABC Ltd: Net profit for the year Weighted average number of shares (WANOS) outstanding during the year Average fair value per share Weighted average number of shares (WANOS) under option during the year Exercise price for shares under option during the year REQUIRED: Q.2.2 Calculate the basic and diluted earnings per share for the year ended 30 June R 1 800 000 120 000 30.00 25 000 28.00

Question 2 You have been provided with the following information for the year ended 30 June 2022 for ABC Ltd: Net profit for the year Weighted average number of shares (WANOS) outstanding during the year Average fair value per share Weighted average number of shares (WANOS) under option during the year Exercise price for shares under option during the year REQUIRED: Q.2.2 Calculate the basic and diluted earnings per share for the year ended 30 June R 1 800 000 120 000 30.00 25 000 28.00

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question 2 You have been provided with the following information for the year ended 30 June 2022 for ABC Ltd: Net profit for the year Weighted average number of shares (WANOS) outstanding during the year Average fair value per share Weighted average number of shares (WANOS) under option during the year Exercise price for shares under option during the year REQUIRED: Q.2.2 Calculate the basic and diluted earnings per share for the year ended 30 June 2022. R 1 800 000 120 000 30.00 25 000 28.00
Transcribed Image Text:Question 2 You have been provided with the following information for the year ended 30 June 2022 for ABC Ltd: Net profit for the year Weighted average number of shares (WANOS) outstanding during the year Average fair value per share Weighted average number of shares (WANOS) under option during the year Exercise price for shares under option during the year REQUIRED: Q.2.2 Calculate the basic and diluted earnings per share for the year ended 30 June 2022. R 1 800 000 120 000 30.00 25 000 28.00
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