Question 84 Chapter 4 of +2-B

Question 84 Chapter 4 of +2-B

Earning Per Share (Not For PSEB Students)

84. From the following calculate earning per share

ParticularsAmount ₹
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%  

 

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 tax70,000
Less Interest (10% of ₹ 1,00,000 Debentures)10,000
Profit after Interest60,000
Less Tax (30% of ₹ 60,000)18,000
Profit after Interest and Tax42,000
Less Preference Dividend ( 10% of ₹ 2,50,000 Preference Share)25,000
Profit after Interest, Tax and Preference Dividend17,000

Also, Check out the solved question of previous Chapters: –

Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

2 Book 3 min 225x300 - Question 84 Chapter 4 of +2-B  - USHA Publication  12 Class
T.S. Grewal’s Analysis of Financial Statements

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