Nairobi Co.'s issued and outstanding share capital throughout the period consists of 500,000 ordinary shares of PO.20 par and 80,000 preference shares of Pl par. Profit after tax for the period is P320,000 and the preference dividend is P8,000. Basic EPS for the period is: a. 0.602 b. 0.624 c. 0.642 d. 0.660On January 1, 20x6, Lisbon Corporation granted options to purchase 9,000 of its ordinary shares at P7 each. The market price was P10.50 per ordinary share on March 31, 20x6, and averaged P9 per share during the quarter then ended. There was no change in the 50,000 shares of outstanding common stock during the quarter ended March 31, 20x6. Profit for the quarter was P8,268. The number of shares to be used in computing diluted earnings per share for the quarter is a. 59,000 b. 50,000 c. 53,000 d. 52,000A company's profit after tax for the year to 31 December 2015 was P150,000. The comparative figure for 2014 was P135,000. The company's issued share capital at 1 January 2014 consisted of 240,000 ordinary shares. A 1 for 4 bonus issue was made on 1 July 2015. There were no other share issues in either year. Basic EPS for 2015 and restated basic EPS for 2014, respectively are: 2015 2014 2015 2014 a. 0.45 0.50 c. 055 0.48 b. 0.48 0.52 d. 0.50 0.45Helsinki Co. has the following share capital outstanding during 20x1 and 20x2: Preference shares, P100 par, 10% cumulative 2,000,000 Ordinary shares, P50 par 5,000,000 Helsinki reported profit of P4,000,000 for the year ended December 31, 20x2. Helsinki paid no preferred dividends during 20x1 and paid P200,000 in preferred dividends during 20x2. What basic earnings per share is presented in Helsinki Co.'s December 31, 20x2 statement of profit or loss? a. 42.00 b. 38.00 c. 37.60 d. 36.70