Question 3 A company has the following summary of earnings for the year ended 31 December 2020 Profit before tax E000 1,600 Taxation (300) Profit after tax 1,300 Equity for the Company as at 1 January 2020 was: 000 Ordinary Shares (E1 each) 12% Preference shares (E1 each) 2,000 1,000 5 points RECOMMENDED TIME: 7.5 MIN The Earnings Per Share for the year ended 31 December 2019 was reported at 52 pence per share. If there was a Rights issue on 1 October 2020 of 1 for 5 for 2 per share (when market value was 5 per share), the 2020 earnings per share (EPS) and 2019 comparative would be O a. 2020: 54.2 pence per share: 2019: 46.8 pence per share O b.2020: 18.9 pence per share; 2019: 52.0 pence per share Oc. 2020: 52.1 pence per share; 2019: 46.8 pence per share Od. 2020: 56.2 perice per share: 2019: 52.0 pence per share O e. 2020: 52.1 pence per share; 2019: 52.0 pence per share