Use This Data to Calculate Earnings Per Ordinary Share (EPS)for

question 17

Multiple Choice

Use this data to calculate earnings per ordinary share (EPS) for Orange Ltd.
$$\begin{array} { l r } \text { Market price for each Orange Ltd share } & \$ 7,80 \\\text { Net Profit (after interest, tax) } & \$ 6,400 \\\text { Number of ordinary shares issued } & 15,000\end{array}$$

• A) $0.19.
• B) $0.43.
• C) $0.39.
• D) $0.61.

Understand the importance of properly reporting inventory in financial statements.

Comprehend the differences and applications of FIFO, LIFO, and average inventory costing methods.

Recognize the role of purchase orders in inventory control.

Identify the characteristics and benefits of perpetual and periodic inventory systems.

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