Q.

What are the earnings per share (EPS) for a company that earned Rs. 100,000 last year in after-tax profits, has 200,000 common shares outstanding and Rs. 1.2 million in retained earning at the year end?

A. Rs. 100,000
B. Rs. 6.00
C. Rs. 0.50
D. Rs. 6.50
Answer» C. Rs. 0.50
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