Question
A company reports an Earnings Before Interest and Tax
(EBIT) of ₹6,00,000. It pays annual interest of ₹1,00,000 on its borrowings. The applicable corporate tax rate is 30%. The company has 50,000 equity shares outstanding. You are required to calculate the Earnings Per Share (EPS).Solution
EBT = EBIT − Interest = ₹6,00,000 − ₹1,00,000 = ₹5,00,000 Tax = 30% of ₹5,00,000 = ₹1,50,000 EAT = ₹5,00,000 − ₹1,50,000 = ₹3,50,000 EPS = EAT / Number of Equity Shares = ₹3,50,000 / 50,000 = ₹7 per share
What does trademark protect?
Which of the following is a private document?
Under the Indian Contract Act, which of the following statements correctly describes when the consideration or object of an agreement is considered unla...
Which section of the Act deals with dumb witnesses______
Oral evidence in all cases must be
The Doctrine which is opposite of the Doctrine of Constructive Notice?
Vodafone International Holdings v. Union of India (2012) relates to:
In Section 2(10) of the Bharatiya Nyaya Sanhita, 2023, the definition of gender now encompasses ________________.
What is a partner obligated to do in case of wilful neglect in conducting the firm's business?
Which section of BSA deals with the relevancy of motive, preparation, and previous or subsequent conduct?
