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As at 31 October 20X7 TU's financial statementsshow the entity having profit after tax of$600,000 and 900,000$1 ordinary sharesin issue. There have been no issues of shares during the year. At 31 October 20X7 TUhave 300,000 share options in issue, which allow the holders to purchase ordinary shares at $2a share in 3 years' time. The average price of the ordinary shares throughout the year was $5a share.
What is the diluted earnings per share for the year ended 31 October 20X7?
Suggested Answer: D
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8 comments · newest first
NO
Nohemi
12 months ago
Totally with you on that, Cassie!
AS
Ashleigh
1 year ago
Wait, how do share options affect this?
BR
Brice
1 year ago
I think it should be around 66.7 cents.
PA
Patria
1 year ago
So, diluted EPS calculation is key here!
CA
Cassie
1 year ago
Profit after tax is $600,000 with 900,000 shares.
LA
Lanie
1 year ago
Option D sounds interesting - dynamically selecting the tests based on changes. That could be a good way to improve the efficiency of the CI process. I'll have to research that approach a bit more.
OL
Olene
1 year ago
Okay, I've got this. The project manager oversees the overall project, while the assurance role focuses on quality control. I'm going to go with option B.
MO
Mollie
1 year ago
Okay, I remember learning about this in class. The data is written to MemStore, HLog, and HDFS, not HDP. I'll select C for this one.