XYZ Ltd Has 10 000 Ordinary Shares on Issue at 1

question 34

Multiple Choice

XYZ Ltd has 10 000 ordinary shares on issue at 1 July 2015 which is the beginning of its reporting period. On 1 May 2016, it issued a further 2000 ordinary shares for cash. The weighted average number of shares for use in the earnings per share calculation is:

• A) 10 000 shares
• B) 10 333 shares
• C) 11 000 shares
• D) 12 000 shares

---

Definitions:

Tobacco Use

The act of consuming tobacco products, including smoking cigarettes, cigars, or using smokeless tobacco, often leading to addiction and health complications.

Binge-drinking Rate

The proportion of individuals in a population who consume an excessive amount of alcohol in a short period of time.

Motor Coordination

Involves the ability to execute smooth, precise, and controlled physical movements, integrating the actions of muscles and limbs.

Memory

The faculty by which the mind stores and remembers information, enabling learning and consciousness.