A company has capital of one million ordinary shares of $1 each. The company pays a dividend
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A company has capital of one million ordinary shares of $1 each. The company pays a dividend of 6 per cent. The profits for the year after tax were $480 000. The sales revenue for the year was $4 million. The market price of a share is $1.40.
a. What is the dividend yield?
b. What are the earnings per share?
c. What is the price/earnings per share?
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a The dividend yield is a measure of the return that shareholders receive from their investment in t...View the full answer
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Related Book For
Accounting For Cambridge International AS And A Level
ISBN: 9780198399711
1st Edition
Authors: Jacqueline Halls Bryan, Peter Hailstone
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