How to calculate EPS if the formula is Earnings Per Share = Net Income – Preferred Dividend /
Weighted Average Common Shares Outstanding
for given values as follows:
Particulars Amount
Profit before taxes Rs 50 lakhs
Dividend declared per share Rs2
Price of the share prevalent on stock
exchange
Rs 200
Applicable tax rate 35%
Share capital of company 5 lakh shares
of Rs 10 each
1
Expert's answer
2019-11-12T17:03:30-0500
How to calculate EPS if the formula is Earnings Per Share = Net Income – Preferred Dividend / Weighted Average Common Shares Outstanding
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