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Value of net income is Rs 124 500 000 and common...

This question belongs to Commerce Financial Management
Financial Management
?

Value of net income is Rs 124,500,000 and common shares outstanding are Rs 60,000,000 then earning per share will be

Answer & Solution
Correct Answer: Option C
EPS = net income / average outstanding common shares.
= 124500000 / 60000000
= 2.08
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2 Comments
Deepika Sharma
Deepika Sharma 4 years ago
It's answer is 2.75
Beacuse when we divide
124500000 by 6000000
Then we get 2.75
Ralph Bagumba
Ralph Bagumba 5 years ago
If common shares outstanding are 50,000,000 and book value per share is 19.92 then total common equity will be__________
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