Q310
Value of net income is Rs 124,500,000 and common shares outstanding are Rs 60,000,000 then earning per share will be
A.
Rs 2.75
B.
Rs 0.48
C.
Rs 2.08
AnswerD.
Rs 2.80
Answer: Option C
Solution
Answer: Option C
Solution:
EPS = net income / average outstanding common shares. = 124500000 / 60000000
= 2.08