On 1 July 2021, the Beginning of the Reporting Period

question 4

Multiple Choice

On 1 July 2021, the beginning of the reporting period, Arthur Ltd has 40 000 ordinary shares on issue. On 1 April 2022, Arthur Ltd issued a further 10 000 ordinary shares for cash. The weighted average number of shares for use in the earnings per share calculation is:

• A) 42 500 shares.
• B) 40 000 shares.
• C) 50 000 shares.
• D) 45 000 shares.

---

Definitions:

Traditional Buddhist Nuns

Women who have taken vows to live a life of religious observance, study, and meditation within Buddhism.

Masculine Lifestyle

A lifestyle or way of living that embodies traditionally masculine traits and behaviors, often emphasizing strength, independence, and assertiveness.

Mende Girls

A term that may refer to young females within the Mende ethnic group, which is primarily found in Sierra Leone, known for their rich cultural traditions and societal roles.

Female Initiation Rites

Ceremonial practices marking the transition of girls into womanhood, often involving traditional rituals and teachings specific to a culture.