The following information is available about CrismsonCoporation. Study it carefully to calculate the basic EPS for the year ended Marc,31, 2015.
Net income = Rs. 34 lakhs
Interest expense = Rs. 3 lakhs
Preference Dividend = Rs. 2 lakhs
Transfer to retain earnings = Rs. 13 lakhs
Equity shares outstanding = 30,00,000
EPS = Net income – preference dividend / no. of shares outstanding EPS = (34,00,000 – 2,00,000) / 30,00,000 EPS = 1.07
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