Post Utme Caleb University 2017 Accounting Question 11

Practice objective / multiple choice question 11 from the 2017 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2017 Accounting Objective / Multiple Choice
Question 11 POST_UTME_CALEB_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's financial statements for the year ended December 31, 2016, are as follows: Profit before tax: ₦1,500,000; Tax expense: ₦300,000; Profit after tax: ₦1,200,000. Calculate the company's earnings per share (EPS) if the number of ordinary shares in issue is 200,000.

Answer Options

Correct Answer A. ₦6.00
B. ₦6.50
C. ₦7.00
D. ₦7.50
Correct Answer
A
Correct Option:
₦6.00

About This Question

This is Post Utme Caleb University 2017 Accounting Question 11. It is one of the objective questions from the 2017 Post Utme Caleb University Accounting examination.

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