Question

During 2021, ZXC Ltd reported a net income of Rs115,600 and had 200,000 shares of common stock and 1000 preferred stock outstanding for the entire year. Preferred stocks are at 10% dividend and a par value of 100/share. The tax rate is 40%. What is its Earning Per Share (EP

  • S ?
A 0.50
B 0.53
C 0.48
D 0.58
E 0.55
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