17The following information is available for a limited company. ordinary shares of $0.50 each 200000 market price per share $2.50 dividend yield 10% 6% preference shares of $1 each 100000 10% debentures $40000 The company paid the maximum dividend possible from its profit for the year. What was the profit from operations? A$50000 B$54000 C$56000 D$60000 18A company prepares its financial statements for the year ended 31 December 2014 and they are approved by the board of directors on 31 May 2015. Which event is non-adjusting?