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