Use the Following Information to Answer Questions 12 and 13

question 3

Multiple Choice

Use the following information to answer questions 12 and 13
Harry Ltd determined its profit attributable to ordinary shareholders for the reporting period ended 30 June 2014 as $960 000. The average market price of the entity's shares during the period is $4.00 per share. The weighted average number of ordinary shares on issue during the period is 1 000 000. The weighted average number of shares under share options arrangements during the year is 200 000 and the exercise price of shares under option is $3.50.
-The basic earnings per share at 30 June 2014 is:

• A) $0.80
• B) $0.96
• C) $3.50
• D) $4.00

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Definitions:

Cognitive Dissonance

A psychological discomfort experienced when holding two or more conflicting beliefs, ideas, or values at the same time.

Rational Commitment

A decision-making approach where choices are made based on logical evaluation and reason rather than emotion or social pressure.

Financial

Pertaining to money, investments, banking, or management of assets and liabilities.

Developmental

Pertaining to the process of growth and change over time, often focusing on emotional, physical, psychological, or intellectual expansion.