Basic earnings per share is calculated by dividing the profit or loss attributable to ordinary equity holders of the parent company by which of the following?
A. The weighted average number of ordinary shares outstanding during the period.
B. The average number of contingently issuable ordinary shares issued during the period.
C. The weighted number of shares that will be issued on conversion of potential shares.
A. The weighted average number of ordinary shares outstanding during the period.
Basic earnings per share, also known as basic earnings per share, is calculated by dividing the profit or loss attributable to ordinary equity holders of the parent company by the weighted average number of ordinary shares outstanding during the period. This reflects the number of shares that were actually outstanding and entitled to receive dividends or participate in the profits of the parent company during the relevant time frame.
