Which statement is correct? I. Options and warrants are dilutive if the exercise price or option price is lower than the average market price of the ordinary share. II. Earnings per share shall be computed on the basis of average ordinary shares outstanding during the year.
Which statement is correct? I. Options and warrants are dilutive if the exercise price or option price is lower than the average market price of the ordinary share. II. Earnings per share shall be computed on the basis of average ordinary shares outstanding during the year.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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3. Which statement is correct?
I. Options and warrants are dilutive if the exercise price or option price is lower than the
average market price of the ordinary share.
II. Earnings per share shall be computed on the basis of average ordinary shares
outstanding during the year.
4. Which statement is correct?
I. EPS disclosure are required for all public and nonpublic entities.
II. PAS 33, requires disclosures on the face of income statement of both basic and diluted
earnings per share
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