Question

A company has a net profit of ₹5,00,000 and 1,00,000 equity shares outstanding at the beginning of the year. During the year, it issued 50,000 additional shares on 1 October. What is the weighted average number of shares for EPS calculation?

A 1,12,500
B 1,50,000
C 1,00,000
D 12,500
Practice Next

Relevant for Exams:

Hey! Ask a query