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
D. Rs 2.80
Answer: Option C
Solution(By Examveda Team)
EPS = net income / average outstanding common shares.= 124500000 / 60000000
= 2.08
This Question Belongs to Commerce >> Financial Management
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Investment is the _______________.
A. net additions made to the nation’s capital stocks
B. person’s commitment to buy a flat or house
C. employment of funds on assets to earn returns
D. employment of funds on goods and services that are used in production process
Financial Management is mainly concerned with ______________.
A. All aspects of acquiring and utilizing financial resources for firms activities
B. Arrangement of funds
C. Efficient Management of every business
D. Profit maximization
The primary goal of the financial management is ____________.
A. to maximize the return
B. to minimize the risk
C. to maximize the wealth of owners
D. to maximize profit
In his traditional role the finance manager is responsible for ___________.
A. proper utilisation of funds
B. arrangement of financial resources
C. acquiring capital assets of the organization
D. efficient management of capital
It's answer is 2.75
Beacuse when we divide
124500000 by 6000000
Then we get 2.75
If common shares outstanding are 50,000,000 and book value per share is 19.92 then total common equity will be__________