Profitability of a company is one of the main interests of its shareholders because: (i) Higher profit

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Profitability of a company is one of the main interests of its shareholders because:

(i) Higher profit results in reporting higher earnings per share and hence better prices for shares

(ii) Higher profit could result in bigger amounts being paid as dividends

(iii) Losses will, in time, erode the capital base and threaten the existence

(iv) It is of greater prestige to be shareholders in a profitable company Which of the above statements are correct?

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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Question Posted: Aug 31, 2023 02:26 AM

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Profitability of a company is one of the main interests of its shareholders because: (i) Higher profit

Question:

a All four 100 bi, ii & iii i, ii & iv dii, iii & iv C

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Financial Accounting An Introduction

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