Directions : These question is based on the line graph given below which represents the Earnings Per Share (EPS) of three companies STC, TSC and MIE for the years 1991-1992 to 1995-1996.
If TSC, STC and MIE have 10, 000, 25, 000 and 15, 000 shares respectively in 1991-1992, then which company has the maximum profit available for shareholders in that year?
TSC
STC
MIE
MTC and STC
STC and TSC
Profit for TSC = 10000 x 25 = 250000
Profit for STC = 25000 x 49 = 735000
Profit for MTC = 15000 x 49 = 735000
So answer is option B
Profit for TSC = 10000 x 25 = 250000
Profit for STC = 25000 x 38 = 950000
Profit for MTC = 15000 x 49 = 735000
So answer is option B