Answer to Question #310466 in Management for Kajal

Question

The following information is available for Companies Ace Ltd. and Pace Ltd.: (₹ in lacs) Particulars Ace Ltd. Pace Ltd.

Long term Debt 625 700

Equity 2100 2850

Current assets 450 550

Current liabilities 300 375

Net Profit 115 178

Revenue (net) 355 452

Q. If face value of equity shares of both companies is rupees 10 each, calculate the earnings per share ration for both compaines.

Answer 1

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