EBIT is  ₹  50,00,000.00 Debt Outstanding  ₹  25,00,000.00 Rate Of Interest On Debt Is 12% Cost Of Equity Is 15% Number Of Shares Outstanding  Is 5,00,000 Book Value Per Share Is Rs10 Tax Rate 0.50 The company pays out all the earnings as dividend and the company is expecting zero  growth for the future. Describe and calculate- Earning per share and Price of the share.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Alfa Pharma, shows the following financials for the year ended 

TABLE BELOW

EBIT is 
₹ 
50,00,000.00
Debt Outstanding 
₹ 
25,00,000.00
Rate Of Interest On Debt Is 12%
Cost Of Equity Is 15%
Number Of Shares Outstanding 
Is 5,00,000
Book Value Per Share Is Rs10
Tax Rate 0.50
The company pays out all the earnings as dividend and the company is expecting zero 
growth for the future.
Describe and calculate- Earning per share and Price of the share.

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