8% Preference share capital: ₹3,00,000 Equity share capital (₹10 per share): ₹8,00,000 Profit after 30% tax: ₹2,80,000 Market price of equity share: ₹40 The earnings per share and the price-earnings ratio will be —
CS Executive · Cost and Management Accounting · PYQS · June 2016
8% Preference share capital: ₹3,00,000 Equity share capital (₹10 per share): ₹8,00,000 Profit after 30% tax: ₹2,80,000 Market price of equity share: ₹40 The earnings per share and the price-earnings ratio will be —
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Financial Statement Analysis
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