The relevant details of the company are: Equity share capital: ₹25,00,000; Face value of shares: ₹100; Profit for equity shareholders: ₹5,15,000; Dividend pay-out ratio: 40%; P/E ratio: 30. Calculate Earnings Per Share (
CS Executive · Corporate and Management Accounting · PYQS · December 2021
The relevant details of the company are: Equity share capital: ₹25,00,000; Face value of shares: ₹100; Profit for equity shareholders: ₹5,15,000; Dividend pay-out ratio: 40%; P/E ratio: 30. Calculate Earnings Per Share (EPS).
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Corporate Accounting
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