Reploy has reported a profit before interest and tax of USD728,654 for the last financial year.The company’s profit or loss statement reports an interest charge of USD45,860, a tax charge of USD158,740 whilst the statement of changes in equity shows that an ordinary dividend of USD50,000 was paid. The company’s issued ordinary share capital is USD500,000 in USD1 shares.What figure should be reported for earnings per share?

1 .A company currently has 10 million USD1 shares in issue with a market value of USD3 per share.The company wishes to raise new funds using a 1-for-4 rights issue. The theoretical ex rights price per share is USD2·80.How much new finance was raised by the rights issue?

A USD2,500,000 B USD4,000,000 C USD5,000,000 D USD7,000,000

题型: 单选题 提问时间: 2021-08-24

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2 .A company makes a 2-for-3 rights issue at an issue price of USD2. The cum-rights price is USD4.What is the theoretical ex rights price?

A USD2·50 B USD2·80 C USD3·00 D USD3·20

题型: 单选题 提问时间: 2021-08-24

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3 .Chartwell has in issue USD120,000 Ordinary shares of 50 cents each and 10,000 6% Preference shares of USD3 each.Extracts from the financial statements for the year to 31 March 20X3 are shown below:　USDProfit before interest and tax 528,934Interest paid 6,578Preference dividend 1,800Taxation 125,860Ordinary dividend 10,800What figure should be reported as basic earnings per share as defined in IAS 33 Earnings per Share?

A 159.9 cents B 164.4 cents C 319.9 cents D 328.9 cents

题型: 单选题 提问时间: 2021-08-24

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4 .In the year to 30 September 20X3, Wexam reported a retained profit of USD4·8m after paying preference dividends of USD200,000 and dividends of USD800,000 to the holders of the ordinary shares in issue at the year end. On 1 October 20X2 Wexham had three million shares in issue. On 1 April 20X3 the company had made a bonus issue of one share for every three held.What figure should be reported as basic earnings per share as defined in IAS 33 Earnings per Share?

A 120 cents B 140 cents C 145 cents D 160 cents

题型: 单选题 提问时间: 2021-08-24

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5 .In the year to 30 November the retained profit of Dale was USD3,640,500. This was after paying dividends as follows:Ordinary: 5 cents per share on 1·5 million shares Preference: 7 cents per share on 600,000 shares What figure will be reported for basic earnings per share as defined in IAS 33 Earnings per Share?

A 173·4 cents B 176·9 cents C 242·7 cents D 247·7 cents

题型: 单选题 提问时间: 2021-08-24

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7 .The financial statements of Epis Group showed that retained earnings had increased in the year by USD689,424. The following items were presented by Epis in either the statement of profit or loss for the year or in the statement of changes in equity:　USDInterest 84,441Taxation 227,553Non-controlling interest 47,338Ordinary dividend （10 cents per share） 65,000What figure should be reported in the financial statements for basic earnings per share, to the nearest cent?

A 10 cents B 113 cents C 116 cents D 123 cents

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8 .The most recent income statement of Waylor reported a profit before tax of USD125,800 and a tax expense of USD22,400. Half way through the year the company had issued 40,000 bonus shares which brought the total number of shares in issue to 440,000.What figure should be reported for earnings per share?

A 23·5 cents B 24·7 cents C 28·6 cents D 29·9 cents

题型: 单选题 提问时间: 2021-08-24

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9 .Jubilee reported profit after tax for the period of USD160,000 and it had 1,000,000 ordinary shares in issue for the whole year.Jubilee had a number of exercisable share options outstanding at the year end. Holders of the options were entitled to buy 50,000 new shares for USD1.60. The average market price of Jubilee’s shares for the previous 12 months was USD2.What figure should Jubilee report for its diluted earnings per share?

A 15.2 cents B 15.4 cents C 15.8 cents D 16 cents

题型: 单选题 提问时间: 2021-08-24

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10 .Mork has disclosed basic EPS figure for the year of 32 cents, this is based on 500,000 ordinary shares being in issue for the whole year.Mork also has USD100,000 8% convertible debt in issue at the year end. The conversion rights allow the holders to convert their debt into equity on a basis of 5 shares for every USD4 of debt.Mork pays income tax at a rate of 30%.What figure should Mork report for its diluted earnings per share?

A 26.5 cents B 26.9 cents C 28.5 cents D 28.9 cents

题型: 单选题 提问时间: 2021-08-24

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