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kushum saran

· started a discussion

· 1 Months ago

no solution provided as how this answer came

Question:

What are the earnings per share (EPS) for a company that earned Rs. 100,000 last year in after-tax profits, has 200,000 common shares outstanding and Rs. 1.2 million in retained earning at the year end?

Options:
A)

Rs. 100,000

B) Rs. 6.00
C) Rs. 0.50
D) Rs. 6.50
E) None of these
Solution:

Ans (c)

TANYA MOTWANI

· commented

· 1 Months ago

EPS = EARNING/ NO. OF SHARES

= 100000/200000
0.50

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