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CIMA Exam CIMAPRA19-F02-1 Topic 1 Question 92 Discussion

Actual exam question for CIMA's CIMAPRA19-F02-1 exam
Question #: 92
Topic #: 1
[All CIMAPRA19-F02-1 Questions]

XYZ had 600,000 ordinary shares in issue on 1 July 20X4. On 1 January 20X5, the entity made a 1 for 2 bonus issue. The profit attributable to ordinary shareholders for the year ended 30 June 20X5 was $2,925,000.

What is the basic earnings per share for the year ended 30 June 20X5?

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Suggested Answer: A

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