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

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.

Correct Answer:

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