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      Question

      Which of the following does not affect Earnings Per

      Share (EPS) directly?
      A Net Profit after Tax Correct Answer Incorrect Answer
      B Number of Equity Shares Correct Answer Incorrect Answer
      C Dividend declared Correct Answer Incorrect Answer
      D Extraordinary gains or losses Correct Answer Incorrect Answer
      E Interest on debt Correct Answer Incorrect Answer

      Solution

      EPS is calculated before dividends are paid. Dividends do not impact Net Profit or Number of Shares, so they don’t affect EPS directly.

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