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    Question

    A company has the following details for the year:

    • Net Income = ₹5,00,000 • Preferred Dividends = ₹50,000 • Outstanding Shares (Common Stock) = 200,000 What is the Basic Earnings Per Share (EPS)?
    A ₹2.25 Correct Answer Incorrect Answer
    B ₹2.50 Correct Answer Incorrect Answer
    C ₹3.00 Correct Answer Incorrect Answer
    D ₹3.50 Correct Answer Incorrect Answer
    E ₹4.00 Correct Answer Incorrect Answer

    Solution

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