Compute Earning per share (EPS) from the following information:Net profit after tax but before dividend: Equity shares of each: Dividend declared: @ Market price of a share:
- A
- B
- C
- D
Solution & Step-by-step Explanation
First, find the total number of equity shares:
Earnings Per Share (EPS) is calculated as:
Earnings Per Share (EPS) is calculated as: