A Company Reports the Following in Relation to Its Latest $$\begin{array} { l l } \text { Net profit } & \$ 12000 \\\text { Number of ordinary shares issued } & 5000\end{array}$$

question 19

Multiple Choice

A company reports the following in relation to its latest financial year:
$$\begin{array} { l l } \text { Net profit } & \$ 12000 \\\text { Number of ordinary shares issued } & 5000\end{array}$$
Number of preference shares issued
$$\text { \{paying an annual dividend of } 50 \text { cents per share\} }$$
The company's basic earnings per share figure is:

• A) $2.00
• B) $2.20
• C) $2.10
• D) $2.35

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Definitions:

Lending Model

A financial business model involving giving out money or property to another party with the expectation that it will be repaid, often with interest.

Entrepreneur

An individual who initiates, manages, and assumes the risks of a business or enterprise with the aim of making a profit.

Software Application

A computer program designed to perform a group of coordinated functions, tasks, or activities for the user's benefit.

Penny-Pinching Techniques

Strategies and methods focused on reducing expenses and conserving financial resources in a cost-effective manner.