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It is urgent. Show all workings. no wrong answer please PUZZLE 11.3 TREASURE STOCK Net profit for year 20X1 $3 million Ordinary shares outstanding during

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It is urgent. Show all workings. no wrong answer please

PUZZLE 11.3 TREASURE STOCK Net profit for year 20X1 $3 million Ordinary shares outstanding during 20X1 $10 million Average fair value of one ordinary share: year 20X1 Shares under option during 20X1, convertible at $6 per share 2 million $8 Required Calculate basic and diluted earnings per share

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