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Aqua has correctly calculated its basic earnings per share (EPS) for the current year. Which of the following items need to be additionally considered when calculating Aqua's diluted EPS for the year? (1) A 1 for 5 rights issue of equity shares during the year at R1-20 when the market price of the equity shares was R2.00 (ii) The issue during the year of a convertible (to equity shares) loan note (iii) The granting during the year of directors' share options exercisable in three years' time (iv) Equity shares issued during the year as the purchase consideration for the acquisition of a new subsidiary company Select one: O a. All four O b. (i) and (ii) only c. (iii) and (iv) only d. (ii) and (iii) only

Aqua has correctly calculated its basic earnings per share (EPS) for the current year. Which of the following items need to be additionally considered when calculating Aqua's diluted EPS for the year? (1) A 1 for 5 rights issue of equity shares during the year at R1-20 when the market price of the equity shares was R2.00 (ii) The issue during the year of a convertible (to equity shares) loan note (iii) The granting during the year of directors' share options exercisable in three years' time (iv) Equity shares issued during the year as the purchase consideration for the acquisition of a new subsidiary company Select one: O a. All four O b. (i) and (ii) only c. (iii) and (iv) only d. (ii) and (iii) only

Financial Accounting: The Impact on Decision Makers
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter13: Financial Statement Analysis
Section: Chapter Questions
Problem 13.16E
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Aqua has correctly calculated its basic earnings per share (EPS) for the current year. Which of the following items need to be additionally considered when calculating Aqua's diluted EPS for the year? (i) A 1 for 5 rights issue of equity shares during the year at R1-20 when the market price of the equity shares was R2.00 (ii) The issue during the year of a convertible (to equity shares) loan note (iii) The granting during the year of directors' share options exercisable in three years' time (iv) Equity shares issued during the year as the purchase consideration for the acquisition of a new subsidiary company Select one: O a. All four O b. (i) and (ii) only c. (iii) and (iv) only d. (ii) and (iii) only
Transcribed Image Text:Aqua has correctly calculated its basic earnings per share (EPS) for the current year. Which of the following items need to be additionally considered when calculating Aqua's diluted EPS for the year? (i) A 1 for 5 rights issue of equity shares during the year at R1-20 when the market price of the equity shares was R2.00 (ii) The issue during the year of a convertible (to equity shares) loan note (iii) The granting during the year of directors' share options exercisable in three years' time (iv) Equity shares issued during the year as the purchase consideration for the acquisition of a new subsidiary company Select one: O a. All four O b. (i) and (ii) only c. (iii) and (iv) only d. (ii) and (iii) only
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Select one:
a.
(iii) and (iv) only
b.
(ii) and (iii) only
c.
(i) and (ii) only
d.
All four

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