Question: It is urgent. Show all workings. no wrong answer please PUZZLE 11.3 TREASURE STOCK Net profit for year 20X1 $3 million Ordinary shares outstanding during

It is urgent. Show all workings. no wrong answer please PUZZLE

It is urgent. Show all workings. no wrong answer please

PUZZLE 11.3 TREASURE STOCK Net profit for year 20X1 $3 million Ordinary shares outstanding during 20X1 $10 million Average fair value of one ordinary share: year 20X1 Shares under option during 20X1, convertible at $6 per share 2 million $8 Required Calculate basic and diluted earnings per share

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