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CIMA Exam CIMAPRA19-F02-1 Topic 1 Question 87 Discussion

Actual exam question for CIMA's CIMAPRA19-F02-1 exam
Question #: 87
Topic #: 1
[All CIMAPRA19-F02-1 Questions]

The basic earning per share computed by a company for year ended 31st March 20X7 is 2 per share. The company had certain convertible debentures outstanding as on 31st March 20X7. The conversion of debentures to equity shares would result in the earnings per share to be 2.2. Which of the following should the company disclose?

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Suggested Answer: A

by Cristy at May 09, 2024, 10:11 PM

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Ruby
1 months ago
Hmm, makes sense. Disclosing both seems transparent. I'm leaning towards C too.
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Dierdre
1 months ago
No, because convertible debentures affect shares. Showing both gives a clearer picture.
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Tegan
2 months ago
Why both? Can't they just show the basic?
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Dierdre
2 months ago
I think they should disclose both, so C.
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Ruby
2 months ago
Yeah, the one with 2 and 2.2 per share, right? What's your answer?
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Reita
2 months ago
Did you check the question about earnings per share?
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