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Define the term- Earnings per share (EPS)
EPS = Profit available to ordinary shareholders (PAT) / Weighted average number of shares in issue(p per share)
This ratio illustrates profitability of every share, i.e. amount of potential dividend available per share. EPS is a very significant ratio and is published in the annual accounts of companies (IAS 33).
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explain in detail the primary function of taxation in relation to public fianace
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You are interested in saving money for your first house. Your plan is to make regular deposits into brokerage account which will earn 14%. Your first deposit of $5,000 will be made
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