Market price of a share having a face value of ₹10 is ₹40. The profits available for equity shareholders are ₹2,00,000. If the paid-up share capital of the company is ₹5,00,000, the Earning Yield Ratio is:
CS Executive · Cost and Management Accounting · PYQS · December 2020
Market price of a share having a face value of ₹10 is ₹40. The profits available for equity shareholders are ₹2,00,000. If the paid-up share capital of the company is ₹5,00,000, the Earning Yield Ratio is:
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Financial Management
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