Question 3 5 points Save Answer RECOMMENDED TIME: 7.5 MINUTES A company has the following summary of earnings for the year ended 31 December 2020: 000 Profit before tax 2.200 Taxation Profit after tax 1,800 Equity for the Company as at 1 January 2020 was: (400) 000 Ordinary Shares (1 cach) 6,000 8% Preference shares (1 2,500 each) The Earnings Per Share for the year ended 31 December 2019 was reported at 36 pence per share. If there was a Rights issue on 1 September 2020 of 1 for 3 for 2.50 per share (when market value was 3.00 per share), the 2020 earnings per share (EPS) and 2019 comparative would be: a. 2020: 23.4 pence per share; 2019: 36.0 pence per share Ob.2020:23.4 pence per share; 2019: 34.5 pence per share Oc 2020: 25.6 pence per share; 2019: 36.0 pence per share O d.2020: 24.0 pence per share: 2019: 36.0 pence per share Oe. 2020: 22.5 pence per share: 2019: 34.5 pence per share