Practicing Success
Read the following information carefully and answer the question. The Balance Sheet of ABC Ltd as on 31 March 2022:
Additional information : 1. Market price of share = 34 2. Net profit after tax = 1,50,000 3. Tax = 50,000 |
Earning Per Share (EPS) will be : |
₹3 ₹3.75 ₹3.45 ₹2.76 |
₹3.45 |
The correct answer is option 3- ₹3.45. * Equity capital = 4,00,000 Net profit after tax = 1,50,000 * Profit after preference dividend = 1,50,000 - 12,000 Earning per share = Profit left for equity shareholders/No of equity shares
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