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On 1 January 2022, the beginning of the reporting period, Bangalore Ltd has 50 000 ordinary shares on issue. On 30 June 2022, Bangalore Ltd

On 1 January 2022, the beginning of the reporting period, Bangalore Ltd has 50 000 ordinary shares on issue. On 30 June 2022, Bangalore Ltd issued a further 10 000 ordinary shares for cash. On 1 November 2022, Bangalore Ltd repurchased 2 400 shares at fair value in a market transaction. The weighted average number of shares for use in the earnings per share calculation is: a. 60,000 shares. b. 70,000 shares. c. 54,600 shares. d. 72,400 shares

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