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Profit is Rs 5,00,000, preference dividend Rs 50,000 and weighted average equity shares are 90,000. What is EPS?

ARs 4.50
BRs 5.56
CRs 6.00
DRs 5.00
Answer & Solution
Correct answer: D. Rs 5.00
Earnings for equity are 5,00,000 minus 50,000 = 4,50,000, and 4,50,000 divided by 90,000 shares gives Rs 5.00.
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