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urgent The following balances as at December 31, 2021 were extracted from the trial balance of La Lee Ltd: CR DR 1,000,000 75,000 55,000 500,000
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The following balances as at December 31, 2021 were extracted from the trial balance of La Lee Ltd: CR DR 1,000,000 75,000 55,000 500,000 150,000 DETAILS Premises Retained earnings General reserves Ordinary shares $2.50 10Preference shares $0.75 Equipment Provision for depreciation: Equipment Dividend received Bank Interim ordinary shares dividend Commission received Utilities 500,000 50,000 15.000 110,000 75,000 25,000 35,000 If the total income for the year is $1.255,000, profit before tax is $600,000, and profit after tax is $520,000, how much is earnings per share? O a $2.60 Ob $2.02 Oc$2.53 Od $2.93 Step by Step Solution
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