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Greene Co is preparing its financial statements for the year ended 31 December 208 which wal be authorised for issue on 1 March 20X9. Greene
Greene Co is preparing its financial statements for the year ended 31 December 208 which wal be authorised for issue on 1 March 20X9. Greene Co made a profit of $3.5m for the year. At 1 January 208, Greene Co had 6 million shares in issue. On 1 May 208, Greene Co performed a 2 for 5 rights issue when the market price of a share was $3, resulting in a theoretical ex-rights price of $2.80. On 1 danuary 20X8, Greene Co issued options over 2 million shares. Each option allows the holder to buy a share for $2.25 on 31 December 209. The market price of a share at 31 December 208 is $3. In accordance with IAS 33 Earnings per Share, what is Greene Co's basic earnings per share for the year ended 31 December 208 ? $0.43 per share $0.46 per share $0.42 per share $0,45 per share Greene Co is preparing its financiai statements for the year ended 31 December 208 which will be authorised for issue on 1 March 20X9. Greene Co made a profit of $3.5m for the year. At 1 January 208, Greene Co had 6 million shares in issue. On 1 May 20X8, Greene Co performed a 2 for 5 rights issue when the market price of a share was $3, resulting in a theoretical ex-rights price of $2.80. On 1 January 208, Greene Co issued options over 2 million shares, Each option allows the holder to buy a share for $2.25 on 31 December 209. The market price of a share at 31 December 208 is $3. In accordance with IAS 33 Earnings per Share, what is Greene Co's basic earnings per share for the year ended 31 December 208 ? $0.43 per share $0.46 per share $0,42 per share $0.45 per share
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