CIMAPRA19-F02-1 Exam - Topic 1 Question 13 Discussion

Actual exam question for CIMA's CIMAPRA19-F02-1 exam

Question #: 13
Topic #: 1

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?

A66.7 cents

B58.8 cents

C50.0 cents

D55.6 cents

Show Suggested Answer

Suggested Answer: D

by Denise at May 07, 2022, 04:46 PM

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Nohemi

4 months ago

Totally with you on that, Cassie!

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Ashleigh

4 months ago

Wait, how do share options affect this?

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Brice

4 months ago

I think it should be around 66.7 cents.

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Patria

4 months ago

So, diluted EPS calculation is key here!

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Cassie

5 months ago

Profit after tax is $600,000 with 900,000 shares.

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Lanie

5 months 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.

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Olene

5 months 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.

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Mollie

5 months 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.

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