The table below shows the share price, earnings per share, and dividends per share for three banks

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The table below shows the share price, earnings per share, and dividends per share for three banks as at May 2012:

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a. Determine the price-earnings ratio and dividend yield for the three banks. Round to one decimal place.
b. Which bank is viewed most favourably by the market in terms of its future earnings prospects?
c. Which bank's shares would you prefer to own if you were interested mainly in receiving income?
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Related Book For  book-img-for-question

Accounting Volume 2

ISBN: 978-0176509743

2nd Canadian edition

Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren

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