Question
Business Studies Question on Miscellaneous
Calculate - EPS, assuming face value of a equity Share of ₹ 10;
Total funds - ₹ 50 lakh
Interest rate - 10% p.a.
Tax rate - 50%
EBIT - ₹5 lakh
Debt - ₹20 lakh
A
1.05
B
1.40
C
0.50
D
0.93
Answer
0.50
Explanation
Solution
The correct option is (C) :0.50.