UEH Trắc nghiệm ôn thi kế toán quốc tế 2

UEH Trắc nghiệm ôn thi kế toán quốc tế 2. Đợt rồi mình học thi trong này trúng khá nhiều. Môn này học cần luyện tập làm trắc nghiệm nhiều trước. Đề thi khá sát với những gì được học và ôn qua các file trắc nghiệm mình đăng tải.

b deducted from net income whether declared or not

c added back to net income whether declared or not

d deducted from net income only if declared

diluted earnings per share : (là cổ tức ưu đãi nhưng: Dilutive không chuyển đổi thì vẫn phải trừ (-) chuyển đổi thì giữ nguyên)

Câu 2 (ĐỀ THT): Dilutive convertible securities must be used in the computation of

Select one:

a basic earnings per share only

b diluted earnings per share only

c diluted and basic earnings per share

d None of these answers are correct

Câu 3 (ĐỀ THT): Earnings per share is calculated by:

Select one:

d dividing profit or loss attributable to ordinary shareholders of a parent entity, by the number of ordinary shares the entity has on issue at the end of the reporting period

Câu 4 (ĐỀ THT): Earnings per share is calculated by comparing an entity’s:

a revenue with the number of ordinary shares it has on issue

b profit with the number of ordinary shares it has on issue

c revenue with the number of shareholders

d profit with the number of shareholders

Câu 5 (ĐỀ THT): The profit or loss that is used in the calculation of basic earnings per share is calculated as:

Select one:

a Profit before tax expense – tax expense – preference dividends

b Profit before tax expense – tax expense

c Profit before tax expense – tax expense – ordinary dividends

d Profit before tax expense

Câu 6 (ĐỀ THT): Any errors or adjustments resulting from changes in accounting policies that are accounted for retrospectively(hồi tố) require:

Select one:

a a retrospective adjustment to both basic and diluted earnings per share

b no retrospective adjustment to either basic or diluted earnings per share

c a retrospective adjustment to diluted earnings per share only

d a retrospective adjustment to basic earnings per share only

Câu 7 (ĐỀ THT): Assume there are two dilutive convertible securities The one that should be used first to recalculate earnings per share is the security with the (EPIS)

Select one:

a smaller earnings effect per share

b greater earnings effect per share

Select one:

c smaller earnings adjustment

d greater earnings adjustment

Câu 8 (ĐỀ THT): Under paragraph 4, if an entity presents both consolidated (hợp nhất) and separate (tách biệt) financial statements, the IAS 33 disclosures need only be determined on the basis of:

a consolidated information (only in consolidated)

b parent entity only

c subsidiary entities only

d the entity has choice of either parent entity or consolidation

Câu 9 (ĐỀ THT): What effect will the acquisition of treasury shares have on shareholders' equity and earnings per share, respectively?

Select one:

a Decrease and no effect

b Increase and no effect

c Decrease and increase

d Increase and decrease

CPQ tăng => VSCH giảm => EPS tăng

Câu 10 (ĐỀ THT): When applying the treasury share method for diluted earnings per share, the market price of the ordinary shares used for the repurchase is the (option, warrant)

Select one:

a None of these answers are correct

b price at the beginning of the year

c price at the end of the year

d average market price

Câu 11 (ĐỀ THT): When computing diluted earnings per share, convertible bonds are

Select one:

a assumed converted whether they are dilutive or antidilutive

Select one:

b assumed converted only if they are antidilutive

c ignored

d assumed converted only if they are dilutive

Câu 12 (ĐỀ THT): When computing diluted earnings per share, convertible securities are:

a recognized whether they are dilutive or antidilutive

b recognized only if they are dilutive

c ignored

d recognized only if they are antidilutive

Câu 13 (ĐỀ THT): The basic earnings per share and diluted earnings per share ratios must be presented in an entity’s:

Select one:

a statement of profit or loss and other comprehensive income even if the amounts are negative

b statement of financial position even if the amounts are negative

c statement of profit or loss and other comprehensive income only if the amounts are positive

d statement of changes in equity even if the amounts are negative

(negative + positive => luôn luôn P/L + OCI)

Câu 14 (ĐỀ THT): If the entity has a discontinued operation, then it must also calculate and disclose the: Select one:

a the basic and diluted earnings per share ratios for the discontinued operation in the statement of profit or loss and other comprehensive income only if the discontinued operation contributed a profit in the current reporting period

b the diluted earnings per share ratio only for the discontinued operation in the statement of profit or loss and other comprehensive income

c the basic and diluted earnings per share ratios for the discontinued operation in the statement of profit or loss and other comprehensive income

d the basic earnings per share ratio only for the discontinued operation in the statement of profit or loss and other comprehensive income

Select one:

Câu 15 (ĐỀ THT): A company issues bonus shares for no consideration ( phí khi chuyển đổi sớm) on

1 August 2014 For the reporting period ended 30 June 2015, the calculation of:

Select one:

a only the diluted earnings per share must be adjusted retrospectively for all periods that are presented

in the financial statements

b both basic earnings per share and diluted earnings per share may be adjusted retrospectively at the option of the entity for all periods that are presented in the financial statements

c only basic earnings per share must be adjusted retrospectively for all periods that are presented in the financial statements

d both basic earnings per share and diluted earnings per share must be adjusted retrospectively for all periods that are presented in the financial statements

(no consideration: k thay đổi => k tính trọng số => phải hồi tố: retrospectively)

Câu 16 (ĐỀ THT): In applying the treasury share method to determine the dilutive effect of share options and warrants, the proceeds assumed to be received upon exercise of the options and warrants

Select one:

a are disregarded in the computation of earnings per share if the exercise price of the options and warrants

is less than the ending market price of ordinary shares

b None of these answers are correct

c are used to calculate the number of ordinary shares repurchased at the average market price, when computing diluted earnings per share

d are added, net of tax, to the numerator of the calculation for diluted earnings per share

Câu 17 (ĐỀ THT): If all of the dilutive securities were converted into ordinary shares, the diluted earnings per share ratio:

d must include an adjustment to increase the number of ordinary shares that would be outstanding

Câu 18 (ĐỀ THT): The number of shares used in the calculation of earnings per share is:

b the average of the number of ordinary shares outstanding at the beginning (=> during: True) and

end of the reporting period

c the number of preference shares adjusted by a time-weighting factor which is the number of days

in the reporting period that the shares are outstanding as a proportion of the total number of days in the period

d the number of ordinary shares adjusted by a time-weighting factor which is the number of days in the reporting period that the shares are outstanding as a proportion of the total number of days in the period

Câu 19 (ĐỀ THT): In computing earnings per share for a simple capital structure, if the preference shares are cumulative, the amount that should be deducted as an adjustment to the numerator

(earnings) is the (preference dividend: năm nào trả năm đó) Select one:

a annual preference dividend times (one minus the income tax rate) ( đúng nếu không có vế sau) b

None of these answers are correct

c preference dividends in arrears (trả sau)

d preference dividends in arrears times (one minus the income tax rate)

Câu 20 (ĐỀ THT): IAS 33 applies to the computation and presentation of earnings per share by:

Select one:

a only those entities that are in the process of issuing ordinary shares that will be traded in public markets

b both reporting and non-reporting entities

c reporting entities whose shares are publicly traded (đã giao dịch ), or of entities that are in the process

of issuing ordinary shares that will be traded in public markets (đã phát hành)

d only reporting entities whose shares are publicly traded

Câu 21 (ĐỀ THT): In the diluted earnings per share computation, the treasury share method is used for options and warrants to reflect assumed reacquisition of ordinary shares at the average market price during the period If the exercise price of the options or warrants exceeds the average market price, the computation would

Select one:

a reflect the excess of the number of shares assumed issued over the number of shares assumed reacquired

as the potential dilution of earnings per share

b fairly present diluted earnings per share on a prospective basis

c fairly present the maximum potential dilution of diluted earnings per share on a prospective basis

d be antidilutive

(In the money: Exercise < average

Out of the money: Exercise > average)

Câu 22 (ĐỀ THT): In computing earnings per share, the equivalent number of shares of convertible preference shares are added as an adjustment to the denominator (number of shares outstanding) If the preference shares are cumulative, which amount should then be added as an adjustment to the numerator (net earnings)?

Select one:

a Annual preference dividend times the income tax rate

b Annual preference dividend times (one minus the income tax rate)

c Annual preference dividend divided by the income tax rate

d Annual preference dividend trái phiếu thì tính trước thuế [interest (1-tax)]

Câu 23 (ĐỀ THT): Terry Corporation had 300,000 ordinary shares outstanding at December 31,

2019 In addition, it had 90,000 share options outstanding, which had been granted to certain executives, and which gave them the right to purchase Terry's shares at an option price of €37 per share The average market price of Terry's ordinary shares for 2019 was €50 What is the number of shares that should be used in computing diluted earnings per share for the year ended December 31, 2019?

Select one:

a None of these answers are correct

b €1.75

Câu 27 (ĐỀ THT): 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:

Câu 29 (ĐỀ THT): Fultz Company had 300,000 ordinary shares issued and outstanding at December

31, 2018 During 2019, no additional ordinary shares were issueD On January 1, 2019, Fultz issued 400,000 shares of nonconvertible preference shares During 2019, Fultz declared and paid €180,000 cash dividends on the ordinary shares and €150,000 on the nonconvertible preference shares Net income for the year ended December 31, 2019, was €960,000 What should be Fultz's 2019 earnings per share, rounded to the nearest penny?

Select one:

a None of these answers are correct

Câu 32 (ĐỀ THT): Harry Ltd determined its profit attributable to ordinary shareholders for the reporting period ended 30 June 2016 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 diluted earnings per share at 30 June 2016 is:

Câu 33 (ĐỀ THT): Marsh Co had 2,400,000 ordinary shares outstanding on January 1 and December

31, 2018 In connection with the acquisition of a subsidiary company in June 2017, Marsh is required

to issue 100,000 additional ordinary shares on July 1, 2019, to the former owners of the subsidiary Marsh paid €200,000 in preference share dividends in 2018, and reported net income of €3,400,000 for the year Marsh's diluted earnings per share for 2018 should be:

Select one:

a €1.43

of which were issued on October 1, 2019 Net income for the year ended December 31, 2019, was

€1,020,000 What should be Hancock's 2019 earnings per share, rounded to the nearest penny?

Câu 37 (ĐỀ THT): Foyle, Inc., had 560,000 ordinary shares and outstanding at December 31, 2018

On July 1, 2016, an additional 40,000 shares were issued for cash Foyle also had unexercised share options to purchase 32,000 ordinary shares at £15 per share outstanding at the beginning and end of

2019 The average market price of Foyle's ordinary shares was £20 during 2019 What is the number

of shares that should be used in computing diluted earnings per share for the year ended December

€400,000 For 2019, earnings per share amounted to Select one:

Select one:

a £1.50

b £3.17

c None of these answers are correct

2019 earnings per share should be:

be the diluted earnings per share for the year ended December 31, 2019, rounded to the nearest cent?

Câu 42 (ĐỀ THT): On January 2, 2019, Perez Co issued at par €10,000 of 6% bonds convertible in total into 1,000 ordinary shares of Perez's No bonds were converted during 2019 Throughout 2019, Perez had 1,000 ordinary shares outstanding Perez's 2019 net income was €3,000, and its income tax rate is 30% No potentially dilutive securities other than the convertible bonds were outstanding during 2019 Perez's diluted earnings per share for 2019 would be (rounded to the nearest cent):

(Diluted : giả định chuyển đổi)

Câu 43 (ĐỀ THT): Hanson Co had 200,000 ordinary shares, 20,000 shares of convertible preference shares, and €1,000,000 of 10% convertible bonds outstanding during 2019 The preference shares are convertible into 40,000 ordinary shares During 2019, Hanson paid dividends of €1.20 per share on the ordinary shares and €4 per share on the preference shares Each €1,000 bond is convertible into

45 ordinary shares The net income for 2019 was $800,000 and the income tax rate was 30% Basic earnings per share for 2019 is (rounded to the nearest penny):

of ordinary shares outstanding for 2018 of 100,000 shares What should Beaty report as diluted earnings per share for 2018?

convertible into 40,000 ordinary shares During 2019, Hanson paid dividends of €1.20 per share on the ordinary shares and €4 per share on the preference shares Each €1,000 bond is convertible into

45 ordinary shares The net income for 2019 was $800,000 and the income tax rate was 30% Diluted earnings per share for 2019 is (rounded to the nearest penny):

€25 during 2016 What is the number of shares that should be used in computing diluted earnings per share for the year ended December 31, 2019?

Select one:

Câu 49 (ĐỀ THT): Yoder, Incorporated, has 3,200,000 ordinary shares outstanding on December 31,

2018 An additional 800,000 ordinary shares were issued on April 1, 2019, and 400,000 more on July

1, 2019 On October 1, 2019, Yoder issued 20,000, €1,000 face value, 8% convertible bonds The bonds are dilutive Each bond is convertible into 20 ordinary shares No bonds were converted in 2019 What is the number of shares to be used in computing basic earnings per share and diluted earnings per share, respectively?

e None of these answers are correct computing basic earnings per share = 3200+800*9/12 + 400*6/12 =

4000 diluted earnings per share = 4000 + 20*20*3/12 = 4100

Câu 50 (ĐỀ THT): Grimm Company has 1,800,000 ordinary shares outstanding on December 31,

2018 An additional 150,000 ordinary shares were issued on July 1, 2019, and 300,000 more on October 1, 2019 On April 1, 2019, Grimm issued 6,000, €1,000 face value, 8% convertible bonds Each bond is convertible into 40 ordinary shares The bonds are dilutive No bonds were converted

in 2019 What is the number of shares to be used in computing basic earnings per share and diluted earnings per share, respectively, for the year ended December 31, 2019?

computing basic earnings per share = 1800+150*6/12+300*3/12 = 1950 diluted

earnings per share = 1950+ 40*6*9/12 = 2130

Câu 51 (ĐỀ THT): Lerner Co had 200,000 ordinary shares, 20,000 shares of convertible preference shares, and €1,000,000 of 10% convertible bonds outstanding during 2019 The preference shares are convertible into 40,000 ordinary shares During 2019, Lerner paid dividends of €.90 per ordinary share and €3.00 per preference share Each €1,000 bond is convertible into 45 ordinary shares The net income for 2019 was €600,000 and the income tax rate was 30% Basic earnings per share for

2019 is (rounded to the nearest penny)

2019 is (rounded to the nearest penny)

5000/(2000+1000) = 1.67 (được chuyển đổi nên không đụng vô dividend)

Câu 54 (ĐỀ THT): At December 31, 2018, Kifer Company had 500,000 ordinary shares outstanding

On October 1, 2019, an additional 100,000 ordinary shares were issued In addition, Kifer had

€10,000,000 of 6% convertible bonds outstanding at December 31, 2018, which are convertible into 225,000 ordinary shares No bonds were converted in 2019 The net income for the year ended December 31, 2019, was €3,000,000 Assuming the income tax rate was 30%, the diluted earnings per share for the year ended December 31, 2019, should be (rounded to the nearest penny) Select one:

a €4.80

c €4.56

d €6.52

ẹ None of these answers are correct

( không chuyển đổi nhưng đối với diluted thì giả định chuyển đổi)

(3000+10000*6%*70%)/(500+100*3/12+225) = 4.56 Câu 55 (ĐỀ THT): On January 2, 2019, Mize Cọ

issued at par €300,000 of 9% convertible bonds

Each €1,000 bond is convertible into 30 ordinary shares No bonds were converted during 2019 Mize had 50,000 ordinary shares outstanding during 2019 Mize 's 2019 net income was €160,000 and the income tax rate was 30% Mizés diluted earnings per share for 2019 would be (rounded to the nearest penny)

Câu 56 (ĐỀ THT): Diđe Cọ had 300,000 ordinary shares issued and outstanding at December 31,

2018 No ordinary shares were issued during 2019 On January 1, 2019, Diđe issued 200,000 shares

of nonconvertible preference shares During 2019, Diđe declared and paid €100,000 cash dividends

on the ordinary shares and €80,000 on the preference shares Net income for the year ended December 31, 2019 was €620,000 What should be Diđés 2019 earnings per sharẻ

a include share options and warrants whose exercise price is less than the average market price of ordinary shares

b should be ignored in all earnings per share calculations

c are those whose inclusion in earnings per share computations would cause basic earnings per share to exceed diluted earnings per share Sai

d should be included in the computation of diluted earnings per share but not basic earnings per share

Câu 58 (ĐỀ THT): : On January 1, 2019, Gridley Corporation had 125,000 shares of its €2 par value ordinary shares outstanding On March 1, Gridley sold an additional 250,000 shares on the open market at €20 per share Gridley issued a 20% share dividend on May 1 On August 1, Gridley purchased 140,000 shares and immediately retired the shares On November 1, 200,000 shares were sold for €25 per share What is the weighted-average number of shares outstanding for 2019?

d dividends, interest, other income or expenses

Câu 60 (ĐỀ PT): On March 1, 2013, Doll Co issued 10-year convertible bonds at 106 During 2016, the bonds were converted into ordinary shares when the market price of Doll's ordinary shares was

500 percent above its par value On March 1, 2013, cash proceeds from the issuance of the convertible bonds should be reported as:

Select one:

a Equity for the portion of the proceeds attributable to the conversion feature and as a liability for the balance

b A liability for the principal amount of the bonds and share capital for the premium over the par value

c Equity for the entire proceeds

d A liability for the entire proceeds

Câu 61 (ĐỀ PT): What is diluted EPS?

Select one:

a The expected EPS if all loans are discharged

b The expected EPS if all securities with an equity interest, exercise those interests

c.The expected EPS if equity options and warrants are redeemed

d The expected EPS if the share price falls

Câu 62 (ĐỀ PT): A company issues £500,000 of 6.5% loan stock at a discount of 8% Issue costs of

£25,000 are incurred The loan stock should be measured initially at:

Câu 63 (ĐỀ PT): In computations of weighted average of shares outstanding, when a share dividend

or stock split occurs, the additional shares are:

Select one:

a considered outstanding at the beginning of the year

b considered outstanding at the beginning of the earliest year reported

c weighted by the number of days outstanding

d weighted by the number of months outstanding

Câu 64 (ĐỀ PT): Which of the following is not an example of a potential ordinary share?

Select one:

a Convertible preferred share

Câu 68 (ĐỀ PT): A company's issued share capital throughout an accounting period consists of 500,000 ordinary shares of 20p and 80,000 preference shares of £1 Profit after tax for the period is

£320,000 and the preference dividend is £8,000 Basic EPS for the period is:

Câu 69 (ĐỀ PT): FX Services granted 15 million of its $1 par ordinary shares to executives, subject

to forfeiture if employment is terminated within three years The ordinary shares have a market price

of $8 per share on the grant date Ignoring taxes, what is the effect on earnings in the year after the shares are granted to executives:

the bonds were converted when Blair's ordinary shares with a market price of $30 per share When recording the conversion, Blair should credit share premium:

Common stock = 6 million shares x 50% x $10 (par value) = $30 million

Unamortized balance in bond discount = $4 million x 50% = $2 million

Additional paid-in capital = convertible bonds - common stock - unamortized bond discount = $40 million - $30 million - $2 million = $8 million

June 30, 2013, Bond convertion:

Dr Bonds payable 40,000,000

Cr Common stock 30 ,000,000

Cr Discount on bonds payable 2 ,000,000

Cr Additional paid-in capital in excess of par value 8,000,000

Câu 72 (ĐỀ PT): The interest rate that is printed on the bond certificate is not referred to as the:

a Both basic and diluted EPS

b Basic earnings per share

c Diluted earnings per share

d None of these is correct

Câu 74 (ĐỀ PT): On January 1, 2013, an investor paid $291,000 for bonds with a principal amount

of $300,000 The contract rate of interest is 8% while the current market rate of interest is 10% Using the effective interest method, how much interest income is recognized by the investor in 2014 (assume annual interest payments and amortization):

a The proceeds of the bond issue entirely as debt if the bonds are mandatorily redeemable

b The proceeds of the bond issue entirely as equity

c The proceeds of the bond issue entirely as debt

d The proceeds of the bond issue as part debt and part equity

Câu 76 (ĐỀ PT): How many types of potential ordinary shares must a corporation have in order to

be said to have a complex capital structure:

Câu 77 (ĐỀ PT): Under its executive share option plan, Q Corporation granted options on January

1, 2014, that permit executives to purchase 15 million of the company's $1 par ordinary shares within the next eight years, but not before December 31, 2016 (the vesting date) The exercise price is the market price of the shares on the date of grant, $18 per share The fair value of the options, estimated

by an appropriate option pricing model, is $4 per option No forfeitures were anticipated, however

unexpected turnover during 2015 caused the forfeiture of 5% of the share options Ignoring taxes, what is the effect on earnings in 2016:

a Some potential ordinary shares, but not others

b All potential ordinary shares

c Dividends declared on noncumulative preference share

d Share splits

Câu 79 (ĐỀ PT): During 2014, Angel Corporation had 900,000 ordinary shares and 50,000 6% preference shares outstanding The preference share does not have cumulative or convertible features Angel declared and paid cash dividends of $300,000 and $150,000 to ordinary and preference shareholders, respectively, during 2014 On January 1, 2013, Angel issued convertible bonds The carrying amount of the bonds on January 1, 2014 was $2,000,000 The effective rate on the bonds was 5% Each $1,000 bond is convertible into 5 ordinary shares Angel's net income for the year ended December 31, 2014, was $6 million The income tax rate is 20% What is Angel's basic earnings per share for 2014, rounded to the nearest cent:

a Coupon rate

b Effective rate

c Contract rate

d Stated rate

Câu 81 (ĐỀ PT): At December 31, 2014 and 2013, G Co had 50,000 ordinary shares and 5,000 shares

of 5%, $100 par value cumulative preference share outstanding No dividends were declared on either the preference or ordinary share in 2014 or 2013 Net income for 2014 was $500,000 For 2014, basic earnings per ordinary share amounted to:

327,000 = 300,000*1.1 – 12000*3/12 => Stock divided không nhân trọng số thời gian

Câu 83 (ĐỀ PT): Dilutive convertible bonds affect both the numerator and the denominator in computing diluted EPS:

Select one:

a TRUE

b FALSE

Câu 84 (ĐỀ PT): Baldwin Company had 40,000 ordinary shares outstanding on January 1, 2014 On April 1, 2014 the company issued 20,000 ordinary shares The company had outstanding fully vested incentive share options for 10,000 shares exercisable at $10 that had not been exercised by its executives The average market price of ordinary share for the year was $12 What number of shares (rounded) should be used in computing diluted earnings per share:

Select one:

a Credit premium on bonds payable $200,000

b Credit bonds payable $18,800,000

c Credit bonds payable $20,200,000

in three years Red initially estimates that it is probable the goal will be achieved Ignoring taxes, what is reduction in earnings in 2014:

Select one:

Câu 91 (ĐỀ PT): Blue Cab Company had 50,000 ordinary shares outstanding on January 1, 2014

On April 1, 2014, the company issued 20,000 ordinary shares The company had outstanding fully vested incentive share options for 5,000 shares exercisable at $10 that had not been exercised by its executives The end-of-year market price of ordinary share was $13 while the average price for the year was $12 The company reported net income in the amount of $269,915 for 2014 What is the diluted earnings per share (rounded):

Select one:

a $4.50

b $3.81

c $4.10

a The stated interest rate times the amount of the debt outstanding during the interest period

b The effective interest rate times the principal amount of the debt

c The effective interest rate times the carrying amount of the debt outstanding during the interest period

d The stated interest rate times the principal amount of the debt

Câu 94 (ĐỀ PT): Dilutive potential shares shall be deemed to have been converted into shares:

a.At the start of the period or, if later, the date of the issue of the potential shares b.At

the end of the period

c.At the start of the period

d.The date of the issue of the potential shares

Câu 95 (ĐỀ PT): A company's profit after tax for the year to 31 December 2015 was £275,000 The company's issued share capital on 1 January 2015 consisted of 350,000 ordinary shares On 1 April

2015, the company made a 1 for 7 rights issue at £1 per share The market value of the company's shares just before this rights issue was £1.40 per share Basic EPS for 2015 is:

a 70.1p b 75.8p c 68.75p d 70.4p

Câu 96 (ĐỀ PT): Which of the following should be adjusted when calculating dilutive EPS?

a.Finance charges payable on convertible debt

b.Preference dividends payable on convertible preference shares

c.Payments to non-discretionary employee profit sharing plans d.All

of these

Câu 97 (ĐỀ PT): Platinum Limited had an after tax profit of $400,000 for the year $80,000 of this was earned from the once off sale of machinery During the period it paid dividends to the ordinary shareholders of $100,000 and $50,000 to preference shareholders

It had 1,000,000 ordinary shares in issue for the entire period The basic earnings per share for Platinum Limited in the period is…

a 33c b 32c c.35c d.17c

Câu 98 (ĐỀ PT): Ordinary shares outstanding during the period are

a Based on the outstanding shares in the previous period

b Based on the outstanding shares at the start of the period

c Based on the outstanding shares at the end of the period

d The weighted average number of shares outstanding during the period

Câu 99 (ĐỀ PT): Diluted EPS shows

a.The expected EPS if all securities with an equity interest, exercise those interests

b.The expected EPS if the share price falls

c.The expected EPS if all loans are discharged

d The expected EPS if equity options and warrants are redeemed

Câu 100 (ĐỀ PT): Where should basic EPS be presented in the financial statements?

a.Statement of Comprehensive Income

b.Statement of Financial Position

c.Statement of Changes in Equity

d.Notes to the financial statements

Câu 101 (ĐỀ PT): Basic earnings per share shall be calculated by dividing the numerator by the number of ordinary shares outstanding (the denominator):

a.At the start of the period

b.At the end of the period

c.The weighted-average during the period

d.At the date of the capitalisation issue

Câu 102 (ĐỀ PT): Contracts, such as purchased put options and purchased call options (i.e options held by the undertaking on its own shares) are included:

a.Neither Basic EPS calculation nor Diluted EPS calculation

b.Diluted earnings per share calculation

c.Basic earnings per share calculation

d.Basic EPS calculation and Diluted EPS calculation

Câu 103 (ĐỀ PT): Shares are usually included in the weighted average number of shares from the date consideration is…

a.Received b.Receivable

c.Discussed d Agreed

Câu 104 (ĐỀ PT): On 1 January 20X5, a company's issued share capital consisted of 120,000 ordinary shares of £1 On 1 May 20X5, the company issued another 30,000 ordinary shares and on 1 July 20X5 the company issued a further 50,000 shares Both issues were made at full market price The weighted average number of shares outstanding during the year to 31 December 20X5 was:

a 165,000 share c.160,000 share,

b.156,667 share d.175,000 share

(Weighted average = (120,000 × 4/12) + (150,000 × 2/12) + (200,000 × 6/12) = 165,000 share)

Câu 105 (ĐỀ PT): A company's profit after tax for the year to 31 December 2015 was £150,000 The comparative figure for 2014 was £135,000 The company's issued share capital at 1 January 2014 consisted of 240,000 ordinary shares A 1 for 4 bonus issue was made on 1 July 2015 There were no other share issues in either year Basic EPS for 2015 and restated basic EPS for 2014 are: a.55.6p and

50p c.50p and 45p

b.50p and 56.25p d 55.6p and 56.25p

(Basic EPS for 2015 is £150,000/300,000 = 50p Restated basic EPS for 2014 is £135,000/300,000 = 45p)

Câu 106 (ĐỀ PT): On 1 January 2016, a company buys £50,000 of 7% loan stock for £47,865 Interest

is received on 31 December each year and the stock will be redeemed at a premium of 10% on 31 December 2019 The effective interest rate is 10.5% per annum Calculate the amortised cost of the loan stock at 31/12/ 2016

a £51,750 b £ 51,526 c £ 49,391 d £50,000

Câu 107 (ĐỀ PT): Anti-dilution is:

a.An increase in earnings per share when ordinary shares are converted to convertible instruments

b.A decrease in earnings per share when convertible instruments are converted to ordinary shares

c.An increase in earnings per share when convertible instruments are converted to ordinary shares

d.An decrease in earnings per share when ordinary shares are converted to convertible instruments

Câu 108 (ĐỀ PT): Options and warrants are dilutive, when they would result in the issue of shares for:

a.Less than the average market price of shares during the period

b.The average market price of shares during the period

c.More than the average market price of shares during the period

d.The average market price of shares during the period

Câu 109 (ĐỀ THT): Which of the following events requires no adjustment to the prior period’s EPS calculations?

Select one:

a Bonus issue of shares

b Reverse share split

c Exercise of stock warrant

d Share split

Câu 110 (ĐỀ NXH): M has profits for the year of $350,670 At the start of the current year on 1 Jan 20x1, there were 1,350,000 $1 shares in issue On 31 Mar 20x1, there was a 1 for 3 rights issue at $3.4 The market price of share just before the rights issue was $4.10 What is the EPS for the year ended

Câu 111 (eBook): All companies which comply with international standards must present EPS figures

in the statement of comprehensive income True or False? a True

b False

IAS33 applies to public companies only

Câu 112 (eBook): On 1 January 2015, a company's issued share capital consisted of 120,000 ordinary shares of £1 On 1 May 2015, the company issued another 30,000 ordinary shares and on 1 July 2015 the company issued a further 50,000 shares Both issues were made at full market price The weighted average number of shares outstanding during the year to 31 December 2015 was: a 165,000

b 160,000

c 156,667

d 175,000

Weighted average = (120,000 × 4/12) + (150,000 × 2/12) + (200,000 × 6/12) = 165,000 shares

Câu 113 (eBook): A company's profit after tax for the year to 30 June 2016 was £1m The company's issued share capital at 1 July 2015 consisted of 2,400,000 ordinary shares of 50p each A further 300,000 shares were issued at full market price on 1 September 2015 Basic EPS for the year is: a

75.5p

b 39.2p

c 78.4p

d 37.7p

Weighted average = (2.4m × 2/12) + (2.7m × 10/12) = 2,650,000 Basic EPS = £1m/2.65m = 37.7p

Câu 114 (eBook): When calculating earnings per share, a bonus issue made during the current accounting period is treated as if it had been made at the beginning of the earliest period for which comparative figures are presented True or False?

a True

b False

Câu 115 (eBook): In February 2016, a company makes a 1 for 10 rights issue at 70p per share The market value of the company's shares just before this rights issue was £1.25 per share The theoretical market value per share after the rights issue has been made is: a 70p

Câu 116 (eBook): Diluted EPS can never exceed basic EPS True or False? a

True

b False

Only dilutive potential ordinary shares are taken into account when calculating diluted EPS

Antidilutive ordinary shares are ignored

Câu 117 (eBook): In most cases, share options will not have a dilutive effect on EPS when they are exercised True or False?

a True

b False

In general, share options may be exercised at less than full market price and will therefore have a dilutive effect on the company's EPS

Câu 118 (ĐỀ THT): Stine Inc had 300,000 ordinary shares issued and outstanding at December 31,

2018 On July 1, 2019 an additional 300,000 shares were issued for cash Stine also had share options outstanding at the beginning and end of 2019 which allow the holders to purchase 90,000 ordinary shares at €28 per share The average market price of Stine’s ordinary shares was €35 during 2019 The number of shares to be used in computing diluted earnings per share for 2019 is: a 618,000

a decreased by the interest paid on the bonds during the fiscal year

b increased by the interest paid on the bonds during the fisal year

c decreased by the after – tax interest paid on the bonds during the fiscal year

d increased by the after – tax interest paid on the bonds during the fiscal year

Câu 120 (Đề THT): When computing diluted EPS, both the numerator and denominator are affected by:

a Convertible bonds

b Stock options

c Stock warrants

d Preferred stock

Câu 121 (Đề THT): Accounting standards require which one of the following groups of presentations

on the income statement?

a Basic and diluted EPS for all period presented for net income only

b Basic and diluted EPS for current period only for income from continuing operations, discontinued operations, and net income

c Basic and diluted EPS for all periods presented for income from continuing operations, discontinued operations, and net income

d Basic EPS for three periods for income from continuing operations and net income only

Thứ tự lần lượt đưa các chứng khoán này vào tính toán EPS Pha loãng là :

a Quyên chọn mua cổ phiếu , Trái phiếu chuyển đổi , Cổ phiếu ưu đãi chuyển đổi

b Quyển chọn mua cổ phiếu , Cổ phiếu tru đãi chuyển đổi , Trái phiếu chuyển đổi c

Trái phiếu chuyển đổi , Cổ phiếu ưu đãi chuyển đổi , Quyền chọn mua cổ phiếu d Cổ phiếu

ưu đãi chuyển đổi , Quyền chọn mua cổ phiếu , Trái phiếu chuyển đổi Câu 123 (Đề THT):

Công ty A báo cáo $ 400,000 lợi nhuận sau thuế và 100,000 cổ phiếu phổ thông đang lưu

hành trong năm Ngoài ra , công ty A đang lưu hành 60,000 cổ phiếu ưu đãi 8%/ năm với

mệnh giá $ 100 / cổ phiếu , có thể chuyển đổi thành 10 cổ phiếu phổ thông tương ứng 1 cổ

phiếu ưu đãi Từ số trong công thức tính EPS cơ bản và EPS pha loãng là:

a EPS cơ bản : $ 400,000 – (60,000 x $ 100 x 8 % ) ; EPS pha loãng : $ 400,000-(60,000 x $ 100 x 8 % )

b EPS cơ bản : $ 400,000 ; EPS pha loãng : $ 400,000 c EPS cơ bản : $ 400,000 – (60,000 x $ 100 x 8

% ); EPS pha loãng : $ 400,000 + ( 60,000 x $ 100 x 8 %) d EPS cơ bản : $ 400,000 – (60,000 x $ 100 x

8 % ) ; EPS pha loãng : $ 400,000

Câu 124 (Đề THT): Công ty V báo cáo $700,000 lợi nhuận sau thuế và 200,000 cổ phiếu phổ thông đang lưu hành, không phát hành thêm cổ phiếu trong năm Cách đây 2 năm, công ty đã thưởng giám đốc điều hành 20,000 quyền chọn mua cổ phiếu để mua cổ phiếu phổ thông với giá thực thi là $15 nếu giám đốc điều hành làm việc trong 2 năm Giá thị trường bình quân trong năm của 1 cổ phiếu phổ thông là $20 EPS cơ bản và EPS pha loãng của công ty V trong năm là:

a EPS cơ bản: $3.50 và EPS pha loãng: $2.34

b EPS cơ bản: $3.41 và EPS pha loãng: $3.41

b EPS cơ bản: $3.50 và EPS pha loãng: $3.50

b EPS cơ bản: $3.50 và EPS pha loãng: $3.41

Câu 125 (Đề THT): Vào ngày 1/1/20x3 công ty R có 900 triệu cổ phiếu đang lưu hành Ngày 1/6/20x3, Công ty R công bố Cổ phiếu thường theo tỷ lệ 9 nhận 1 và không phát hành thêm Cổ phiếu trong năm 20x3 EPS của công ty R trong năm 20x2 là 40,000 đồng EPS cơ bản so sánh được trình bày trên BCTC kết thúc 31/12/x3 là:

$100/CP Giá thị trường bình quân trong năm của 1 Cổ phiếu phổ thông là $15 EPS cơ bản và EPS pha loãng của công ty C trong năm là : a EPS cơ bản : $ 1.90 vàEPS pha loãng $2.38 b EPS cơ bản :

$1.90 và EPS pha loãng $1.90

c EPS cơ bản : $ 2.50 và EPS pha loãng $2.38

d EPS cơ bản : $ 2.50 và EPS pha loãng $ 1.81