The net income of a company after deducting preference dividend is ₹4,00,000 and the number of the equity shares is 50,000. Find out price earning ratio if market price of the share is ₹32?
CS Executive · Cost and Management Accounting · PYQS · June 2018
The net income of a company after deducting preference dividend is ₹4,00,000 and the number of the equity shares is 50,000. Find out price earning ratio if market price of the share is ₹32?
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Cost and Management Accounting
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