Preference shares do not usually have voting rights. Preference shareholders are usually given the right to vote for directors only if the entity has not paid the preference dividend for a specified period of time, such as 10 quarters. Such a
provision is an incentive for management to pay preference dividends.

Carrying costs include storage costs, handling costs, insurance costs, interest on capital invested, and obsolescence. Candman Company is a wholesale distributor of candy. The company leases space in a public warehouse and is charged according to the square feet occupied. Candman has decided to employ the economic order quantity 0Q) method to determine the optimum number of cases of candy to order. The company placed 2,400 orders last year. Data for the high-activity month, the low-activity month, and the year for the purchasing and warehouse operations appear in the next column. The annual charges for the warehouse totaled US $12,750 last year. In addition, the annual insurance and property taxes on the candy stored in the warehouse amounted to US $1,500 and US $2,250, respectively.
The average monthly inventory last year was US $75,000.

BEPS equals profit or loss attributable to ordinary equity holders divided by the weighted-average number of ordinary shares outstanding. The latter is calculated as follows:

C:\Documents and Settings\usernwz1\Desktop\1.PNG Accordingly, BEPS is US $3.20 $101,504 profit - 31,720 shares).