Answer: €0.47

### Explanation The basic earnings per share (EPS) is calculated as: \[ \text{Basic EPS} = \frac{\text{Net Income} - \text{Preferred Dividends}}{\text{Weighted Average Number of Shares Outstanding}} \] **Option A (€0.36)** is incorrect because it incorrectly reduces net income by both common and preferred dividends. The correct formula subtracts only preferred dividends from net income. **Option B (€0.47)** is correct because it accurately applies the formula: \[ \frac{€80,000 - €10,000}{150,000} = €0.47 \] **Option C (€0.54)** is incorrect because it uses the common shares outstanding at year end (130,000) as the denominator instead of the weighted average number of shares outstanding (150,000). This question tests the understanding of how to calculate basic EPS, a key metric in financial statement analysis.

Author: LeetQuiz Editorial Team