Ekta Ltd. has Share Capital 9% Preference Shares of ₹ 10 each ₹ 3,00,000
Ekta Ltd. has Share Capital:
The accountant has ascertained the following:
(a) Profit after Tax at 60% ₹ 2,70,000.
(b) Depreciation ₹ 60,000.
(c) Equity Dividend Paid at 20%
(d) Market Price of equity shares ₹ 40 each.
You are required to calculate: (I) Earning per share (EPS), and (ii) Price-Earning (P/E) Ratio.
₹ | |
9% Preference Shares of ₹ 10 each | 3,00,000 |
Equity Shares of ₹ 10 each | 8,00,000 |
11,00,000 |
Anurag Pathak Changed status to publish March 12, 2024