From the following information, calculate: (a) Earnings per share; (b) Price/earnings ratio; (c) Dividend yield; and (d)
Question:
From the following information, calculate:
(a) Earnings per share;
(b) Price/earnings ratio;
(c) Dividend yield; and
(d) Dividend cover. (i) Net profit after interest and tax and preference dividends = £300,000. (ii) Number of ordinary shares issued = 500,000. (iii) Market price per share = £4.20. (iv) Gross divided per share = 20p. (v) Interest = £10,000. (vi) Ordinary dividends paid and proposed = £120,000.
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Related Book For
Frank Woods Business Accounting
ISBN: 9780273759287
12th Edition
Authors: Frank Wood. Sangster, Alan
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