Equity share capital: ₹30 lakh (30,000 shares of ₹100 each); 9% preference shares: ₹10 lakh; profit before tax: ₹24.46 lakh and tax rate 30%. Earnings per share will be —
CS Executive · Cost and Management Accounting · PYQS · December 2015
Equity share capital: ₹30 lakh (30,000 shares of ₹100 each); 9% preference shares: ₹10 lakh; profit before tax: ₹24.46 lakh and tax rate 30%. Earnings per share will be —
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Financial Statement Analysis
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