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Revival Company's Annual Report Is as Follows Based on the Information Provided Above,find the Earnings Per Share

Question 29

Multiple Choice

Revival Company's annual report is as follows. 31 March 2016  31 March 2017  Net profit $350,000$438,500 Preference dividends  Total shareholders’equity $4,350,000$5,222,000 Shareholders’ equity attributable to  preference shares 00 Number of ordinary shares outstanding 275,464195,168\begin{array}{|l|l|l|} \hline& 31 \text { March 2016 } & \text { 31 March 2017 } \\\hline \text { Net profit } & \$ 350,000 & \$ 438,500 \\\hline \text { Preference dividends } & & \\\hline \text { Total shareholders'equity } & \$ 4,350,000 & \$ 5,222,000 \\\hline\text { Shareholders' equity attributable to }\\\text { preference shares }&0&0\\\hline \text { Number of ordinary shares outstanding } & 275,464&195,168 \\\hline\end{array} Based on the information provided above,find the earnings per share of Revival Company as of 31 March 2017.


A) $1.86
B) $1.48
C) $2.25
D) -$2.25

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