Multiple Choice
Use the following information to answer questions
Harry Ltd determined its profit attributable to ordinary shareholders for the reporting period ended 30 June 2016 as €960 000. The average market price of the entity's shares during the period is €4.00 per share. The weighted average number of ordinary shares on issue during the period is 1 000 000. The weighted average number of shares under share options arrangements during the year is 200 000 and the exercise price of shares under option is €3.50.
-The basic earnings per share at 30 June 2016 is:
A) €0.80
B) €0.96
C) €3.50
D) €4.00
Correct Answer:
Verified
Correct Answer:
Verified
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