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

Rs 2.75
Rs 0.48
Rs 2.08
Rs 2.80
✅ The correct answer is C.
EPS = net income / average outstanding common shares.
= 124500000 / 60000000
= 2.08

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top