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

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Definitions:

High Performer

An individual who consistently exceeds the established standards and expectations in their work performance.

Mediocre

Of average to below-average quality; not outstanding or exceptionally good.

Embrace-or-demolish

A strategy or mindset in dealing with challenges or innovations by either fully adopting them (embrace) or completely removing them (demolish).

Terminating People

The process of ending an individual's employment or association with an organization, often due to performance issues or organizational changes.