QUESTION $1$

a mega boating ayacht corporation, had $1007735$ common shares and $10133,99,\%$ cumulative shares outstanding

on January $1,2022.$

$20354$ common shares were issued by the company on June $1.$

$80784$ common shares were repurchased and cancelled by the Company on October $1.$

The number of preferred shares did not change during the year. Net income for $2022$ was $$4314874.$ No dividends were declared or paid.

Calculate basic earnings per share for $2022.$ Please round your final answer to two decimal places. Do not round intermediary answers.

QUESTION $2$

Glamazon Inc, a cosmetic conglomerate that reports under IFRS. Their financial information is as follows:

Net income attributable to the common shareholders for the fiscal year was $$3,600,000.$

The weighted average of common shares outstanding for the fiscal year was $2,200,000$ common shares