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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?
- Option 1)
TSC
- Option 2)
STC
- Option 3)
MIE
- Option 4)
MTC and STC
- Option 5)
STC and TSC
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?
- Option 1)
TSC
- Option 2)
STC
- Option 3)
MIE
- Option 4)
MTC and STC
- Option 5)
STC and TSC
Answers (2)
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
View full answer
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
View full answer
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