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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).
Yang Su is considering the following information on two stocks: Rate of Return State of Economy
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Explain the purchasing power parity, both of the absolute and relative versions. What causes the deviations from the purchasing power parity? Answer: The absolute version of p
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