Net income of a company after payment of preference dividend was ₹63 lakh. The number of equity shares was 1,40,000. The P/E ratio of the company was 8.50 times. Earnings per share and market value per share would be —

CS Executive · Cost and Management Accounting · PYQS · December 2015
Net income of a company after payment of preference dividend was ₹63 lakh. The number of equity shares was 1,40,000. The P/E ratio of the company was 8.50 times. Earnings per share and market value per share would be —
(A) ₹45 and ₹382.50 respectively
(B) ₹45 and ₹308.20 respectively
(C) ₹33.16 and ₹281.86 respectively
(D) ₹45 and ₹5.29 respectively.

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Financial Statement Analysis

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