Following are the details of Beta Limited: in lakh Equity Share Capital (Shares of ₹10) 1500 8% Preference Share Capital 400 12% Debentures 250 Profit before interest and tax 590 Dividend Payout Ratio = 70% Price-Earning

CS Executive · Corporate and Management Accounting · PYQS · December 2019
Following are the details of Beta Limited: in lakh Equity Share Capital (Shares of ₹10) 1500 8% Preference Share Capital 400 12% Debentures 250 Profit before interest and tax 590 Dividend Payout Ratio = 70% Price-Earning (P/E) Ratio = 25 Corporate tax rate = 30% Earnings Per Share (EPS) will be :
(A) ₹3.52
(B) ₹2.464
(C) ₹2.06
(D) ₹2.40

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Financial Statement Analysis

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