Profits earned prior to the acquisition of shares in a subsidiary company are treated as:

Match the share classifications in LIST-I with their specific dividend and repayment characteristics in LIST-II. LIST-I (Share Type) A. Equity Shares B. Cumulative Preference Shares C. Redeemable Preference Shares D. General Preference Shares LIST-II (Obligation/Term) I. Repaid by the company after a specific, predetermined tenure. II. Arrears of unpaid dividends accumulate and must be paid before any equity dividends. III. Represent permanent ownership with no maturity and serve as residual claimants. IV. Carry priority over common stock for both fixed dividend payments and return of capital during winding up. Choose the correct answer from the options given below:

Which of the following is NOT a method of valuation of shares?