The Earning Per Share (EPS) of a company for five years is given below : Year: 2019, 2020, 2021, 2022, 2023 EPS: 40, 25, 40, 60, 90 Calculate the…

CA Foundation · Quantitative Aptitude · PYQS · September 2024
The Earning Per Share (EPS) of a company for five years is given below : Year: 2019, 2020, 2021, 2022, 2023 EPS: 40, 25, 40, 60, 90 Calculate the Compounded Annual Growth Rate (CAGR) of EPS.
(A) A. 23.47%
(B) B. 24.47%
(C) C. 22.47%
(D) D. 21.47%

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. 22.47%

Topics: Part-A: Business Mathematics

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