A company has EBIT of 4800000 and it's capital structure consists of the following securities.a) Equity share capital-4000000 b) 12% debentures-10000000 .The company facing fluctuation in sales.what would be the changes in EPS? a) if EBIT of the company increased by 25%? b) If EBIT of the company decreased by 25%? .The corporate tax rate is 40%.
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THE DIVISION of the hour into 60 minutes and of the minute into 60 seconds comes from the Babylonians who used a sexagesimal (counting in 60s) system for mathematics and astronomy. They derived their number system from the Sumerians who were using it as early as 3500 BC.
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