Blue Company Reported Earnings Per Ordinary Share Is:
A)$2

question 35

Multiple Choice

Blue Company reported: $$\begin{array} { l l } \text { Share price } & \$ 18 \\\text { Net profit } & \$ 3,000 \\\text { Preference dividend } & \$ 500 \\\text { Ordinary dividend } & \$ 1,000 \\\text { Issued ordinary shares } & 1,000 \text { shares }\end{array}$$ Earnings per ordinary share is:

• A)$2.50.
• B)$3.00.
• C)$1.80.
• D)$1.50.

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Definitions:

Thermostat

A device used to maintain the temperature of a system at a desired set point by regulating the flow of heat energy.

Degrees Fahrenheit

A temperature scale where water's freezing point is at 32 degrees and its boiling point is at 212 degrees, given standard atmospheric conditions.

Temperature

A measure of the hotness or coldness of an object or substance with reference to some standard value.

Thermostat

A thermostat is a device used to control the temperature of a system so that the system's temperature is maintained near a desired set-point by regulating the flow of heat energy into or out of the system.