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Question 84 Chapter 4 of +2-B
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Table of Contents
Earning Per Share (Not For PSEB Students)
84. From the following calculate earning per share
| Particulars | Amount ₹ |
| 60,000 equity shares of 10 each | 6,00,000 |
| 25,00010% preference share of 10 each | 2,50,000 |
| 10% Debentures | 1,00,000 |
| Net profit before interest and tax | 70,000 |
| Rate of Tax 30% |
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The solution of Question 84 Chapter 4 of +2-B: –
| Return On Capital Employed Ratio | = | Net profit after Interest and Tax Preference Dividend |
| Number of Equity Shares | ||
| = | ||
| = | ₹ 17,000 | |
| ₹ 60,000 | ||
| = | ₹ 0.28 |
| Particular |
Amount |
| Net profit before interest and tax | 70,000 |
| Less Interest (10% of ₹ 1,00,000 Debentures) | 10,000 |
| Profit after Interest | 60,000 |
| Less Tax (30% of ₹ 60,000) | 18,000 |
| Profit after Interest and Tax | 42,000 |
| Less Preference Dividend ( 10% of ₹ 2,50,000 Preference Share) | 25,000 |
| Profit after Interest, Tax and Preference Dividend | 17,000 |
Also, Check out the solved question of previous Chapters: –
Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution
- Chapter No. 1 – Accounting Not for Profit Organisations
- Chapter No. 2 – Partnership Accounts – I (Introduction)
- Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)
- Chapter No. 4 – Partnership Accounts – III (Reconstitution of Partnership)
- Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
- Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
- Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)
- Chapter No. 8 – Company Accounts (Share Capital)
- Chapter No. 9 – Company Accounts (Issue of Debentures)
- Chapter No. 10 – Company Accounts (Redemption of Debentures)
Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution
- Chapter No. 1 – Financial Statements of a Company
- Chapter No. 2 – Financial Statement Analysis
- Chapter No. 3 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 4 – Ratio Analysis
- Chapter No. 5 – Cash Flow Statement
Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication
