The following information is given : 9% preference shares of ₹10 each ₹4,00,000, Equity shares of ₹10 each ₹12,00,000, Profit after tax ₹4,20,000, Equity dividend paid 20%, Market price of equity share ₹25 each. What wil

CS Executive · Cost and Management Accounting · PYQS · June 2019
The following information is given : 9% preference shares of ₹10 each ₹4,00,000, Equity shares of ₹10 each ₹12,00,000, Profit after tax ₹4,20,000, Equity dividend paid 20%, Market price of equity share ₹25 each. What will be the earnings per share?
(A) ₹3.50
(B) ₹3.20
(C) ₹5.40
(D) ₹9.60

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Financial Statement Analysis

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