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CIMA Exam CIMAPRA19-F02-1 Topic 1 Question 72 Discussion

Actual exam question for CIMA's CIMAPRA19-F02-1 exam
Question #: 72
Topic #: 1
[All CIMAPRA19-F02-1 Questions]

On 1 January 20X4 JK had 1,500,000 ordinary shares in issue. On 1 September 20X4JKissued 600,000 ordinaryshares at the market value of $2.50a share. For the financial year ended 31 December 20X4 the statement of profit or loss showsprofit before tax of $625,000 and profit after tax of $500,000.

What is the earnings per share for the year ended 31 December 20X4?

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Suggested Answer: A, B

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