40 If a companys shares are stated to have a dividend cover of five times, which of...
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40 If a company’s shares are stated to have a dividend cover of five times, which of the following statements is certain about that company?
(a) The share price is five times its dividend
(b) The dividend is five times the profits per share after tax
(c) The dividend is five times the profits per share before tax
(d) The share price is five times the dividend per share
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Related Book For
Accounting And Finance For Business
ISBN: 9780273773948
1st Edition
Authors: Geoff Black, Mahmoud Al-Kilani
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