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

question 36

Multiple Choice

Blue Company reported: $\begin{array}{ll}\text { Share price } & \$ 18 \\\text { Net profit } & \$ 3000 \\\text { Preference dividend } & \$ 500 \\\text { Ordinary dividend } & \$ 1000 \\\text { Issued ordinary shares } & 1000 \text { shares }\end{array}$
- Earnings per ordinary share is:

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

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Definitions:

Estate Assets

Assets that belong to a deceased person's estate, including all property and financial accounts, which are managed and distributed according to a will or law.

Sacred Church

A religious institution or place of worship considered holy or divine by its followers.

Fair Value

Fair value is a financial concept determining the appropriate price point or value of an asset, liability, or transaction under current market conditions.