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A Company Reports the Following in Relation to the Year  Number of ordinary shares issued at 1/7/2011 10000\text { Number of ordinary shares issued at 1/7/2011 } \quad\quad10000

Question 25

Multiple Choice

A company reports the following in relation to the year ended 30/6/2012:
 Number of ordinary shares issued at 1/7/2011 10000\text { Number of ordinary shares issued at 1/7/2011 } \quad\quad10000
Number of preference shares issued
 {paying an annual dividend of $2.00 pershare} 800\text { \{paying an annual dividend of } \$ 2.00 \text { pershare\} }\quad\quad800
On 31/3/2012 a further 1000 ordinary shares were issued.
 Net profit from ordinary activities, after income tax $20000\text { Net profit from ordinary activities, after income tax } \quad\quad\quad\$ 20000
The company's basic earnings per share figure (to the nearest tenth of a cent) is:


A) $1.95
B) $1.67
C) $2.00
D) $1.79

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