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Wildhorse SA uses a calendar year for financial reporting. The company is authorized to issue 9,400,000 R$10 par ordinary shares. At no time has Wildhorse

Wildhorse SA uses a calendar year for financial reporting. The company is authorized to issue 9,400,000 R$10 par ordinary shares. At no time has Wildhorse issued any potentially dilutive securities. Listed below is a summary of Wildhorses ordinary share activities.

1. Number of ordinary shares issued and outstanding at December 31, 2021

2,050,000

2. Shares issued as a result of a 10% share dividend on September 30, 2022

205,000

3. Shares issued for cash on March 31, 2023

1,810,000

Number of ordinary shares issued and outstanding at December 31, 2023

4,065,000

4. A 2-for-1 share split of Wildhorses ordinary shares took place on March 31, 2024

(a) Compute the weighted-average ordinary shares used in computing earnings per ordinary share for 2022 on the 2023 comparative income statement.

(b) Compute the weighted-average ordinary shares used in computing earnings per ordinary share for 2023 on the 2023 comparative income statement.

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