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uestion 36 ot yet answered ked out of 1.00 Flag question ABC Company reported $3,200.000 net income before tax on 31st Dec 2020. The company

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uestion 36 ot yet answered ked out of 1.00 Flag question ABC Company reported $3,200.000 net income before tax on 31st Dec 2020. The company is subject to 25% income tax and has the following capital structure in that date. Share Capital-Ordinary ($5 Par) $10,000,000 Share capital-preference (250,000 shares, 10%) $5,000,000 share premium-ordinary $3,000,000 retained earnings $12,000,000 treasury shares (cost $10/share) $1,000,000 Accumulated revaluation surplus $1,000,000 based on this information, number of outstanding ordinary shares is: Select one: O a. 2,000,000 shares b. 10,000,000 shares c. 9,000,000 shares d. 1,900,000 shares

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