A corporation has 12 000 ordinary shares and options to purchase 1 500 ordinary shares at R10 per share outstanding the entire year. The average market price for the ordinary shares during the year was R15 per share. In calculating the diluted earnings per share using the treasury share method, the share option would Select one: O a. have an antidilutive impact on earnings per share because the assumed shares issued exceeds the assumed shares reacquired O b. have a dilutive impact on earnings per share because the assumed shares reacquired exceeds the assumed shares issued O c. have an antidilutive impact on earnings per share because the assumed shares reacquired exceeds the accumad shares issued
A corporation has 12 000 ordinary shares and options to purchase 1 500 ordinary shares at R10 per share outstanding the entire year. The average market price for the ordinary shares during the year was R15 per share. In calculating the diluted earnings per share using the treasury share method, the share option would Select one: O a. have an antidilutive impact on earnings per share because the assumed shares issued exceeds the assumed shares reacquired O b. have a dilutive impact on earnings per share because the assumed shares reacquired exceeds the assumed shares issued O c. have an antidilutive impact on earnings per share because the assumed shares reacquired exceeds the accumad shares issued
Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
Chapter15: Shareholders’ Equity: Capital Contributions And Distributions
Section: Chapter Questions
Problem 15E
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