Net Profit before tax = ₹ 2,00,000 Taxation @ 50% of Net Profit 20% Preference Capital = ₹ 75,000 10,000 Equity shares of ₹ 10 each = ₹ 1,00,000 Earnings per share from the data is :

CS Executive · Corporate and Management Accounting · PYQS · June 2024
Net Profit before tax = ₹ 2,00,000 Taxation @ 50% of Net Profit 20% Preference Capital = ₹ 75,000 10,000 Equity shares of ₹ 10 each = ₹ 1,00,000 Earnings per share from the data is :
(A) ₹ 10 per share
(B) ₹ 18.5 per share
(C) ₹ 8.5 per share
(D) ₹ 20 per share

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Management Accounting

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