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In the financial year to June 30, 2023, Bubba Ltd issued options for 700,000 shares. During that period, the average fair value of one ordinary
In the financial year to June 30, 2023, Bubba Ltd issued options for 700,000 shares. During that period, the average fair value of one ordinary share was $32 while the exercise price for the shares under option was $28. The company commenced the financial year with 930,000 ordinary shares in issue, while profit for the year amounted to $802,000.
Calculate BEPS and DEPS for the year.
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Step: 1
To calculate Basic Earnings Per Share BEPS and Diluted Earnings Per Share DEPS for the year we need to consider the weighted average number of ordinar...
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Financial Reporting and Analysis
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
7th edition
1259722651, 978-1259722653
