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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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Need help with explanations for the answers chosen, not good with math calculations, or explaining the answers, can you help with this.Chapters 6, 8
what that mean?
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