At the close of share trading on 19 February 2018, investment ratios for Next plc, the UK
Question:
At the close of share trading on 19 February 2018, investment ratios for Next plc, the UK fashion and textiles retailer, and the averages for the ‘general retailers’ section, were as follows:
Required:
Comment on what can be deduced about Next plc, relative to the general retailers’ sector, from an equity investor’s point of view.
Transcribed Image Text:
Dividend yield (%) P/E ratio (times) Dividend cover (times) Next plc 3.21 11.51 3.58 General retailers section 3.24 16.29 1.90
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (4 reviews)
From an equity investors point of view lets analyze the information provided for Next plc compared t...View the full answer
Answered By
Ma Kristhia Mae Fuerte
I have extensive tutoring experience, having worked as a private tutor for over three years. I have tutored students from different academic levels, including high school, undergraduate, and graduate levels. My tutoring experience has taught me to be patient, attentive to student needs, and effective in communicating difficult concepts in simple terms.
I have a strong background in statistics, probability theory, data analysis, and data visualization. I am proficient in using statistical software such as R, Python, and SPSS, which are commonly used in academic research and data analysis. Additionally, I have excellent communication and interpersonal skills, which enable me to establish rapport with students, understand their learning styles, and adapt my teaching approach to meet their needs.
I am passionate about teaching and helping students achieve their academic goals.
0.00
0 Reviews
10+ Question Solved
Related Book For
Financial Accounting For Decision Makers
ISBN: 9781292251257
9th Edition
Authors: Peter Atrill, Eddie McLaney
Question Posted:
Students also viewed these Business questions
-
At the close of share trading on 13 November 2009, the market investor ratios for Next plc, the UK fashion and textiles retailer, and the averages for the general retailers section, were as follows:...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
The following are narrative descriptions of sales systems and controls for these two different businesses. Avocet Inc. Avocet is a franchise fast food restaurant business. When customers order food,...
-
Wansley Portal Inc., a large Internet service provider, is evaluating the possible acquisition of Alabama Connections Company (ACC), a regional Internet service provider. Wansley's analysts project...
-
Apple Corporation purchased a tract of unimproved land for $610,000. This land was improved and subdivided into building lots at an additional cost of $125,000. These building lots were all of the...
-
Identify the three types of substantive procedures and discuss the effectiveness of each.
-
Suppose that Merton plc (see Example 9.1 ) replaces the 30,000 paid out as dividends by an issue of shares to new shareholders. Show the statement of financial position after the new issue and...
-
Ten parts are measured three times by the same operator in a gauge capability study. The data are shown in Table 8E.9 (a) Describe the measurement error that results from the use of this gauge. (b)...
-
2 Required information Part 2 of 15 (The following information applies to the questions displayed below.] . 1 points Sweeten Company had no jobs in progress at the beginning of March and no beginning...
-
Why might a business prefer not to have its Z-score made public?
-
For the current year, the average settlement period for trade receivables at Arkle plc was 60 days. This figure is much higher than in previous years. What factors may have contributed to this change...
-
In the annual report, use the balance sheet to answer the following questions: 1. Identify the amounts reported for trade accounts receivable, net for the two most recent year ends. Does this...
-
The following information is available for two different types of businesses for the 2011 accounting period. Dixon Consulting is a service business that provides consulting services to small...
-
Marino Basket Company had a \(\$ 6,200\) beginning balance in its Merchandise Inventory account. The following information regarding Marino's purchases and sales of inventory during its 2011...
-
On March 6, 2011, Bob's Imports purchased merchandise from Watches Inc. with a list price of \(\$ 31,000\), terms \(2 / 10, n / 45\). On March 10, Bob's returned merchandise to Watches Inc. for...
-
The following events apply to Tops Gift Shop for 2012, its first year of operation: 1. Acquired \(\$ 45,000\) cash from the issue of common stock. 2. Issued common stock to Kayla Taylor, one of the...
-
Indicate whether each of the following costs is a product cost or a period (selling and administrative) cost. a. Transportation-in. b. Insurance on the office building. c. Office supplies. d. Costs...
-
Assume that your college president has received many student complaints about campus parking problems. You are appointed to chair a student committee organized to investigate the problems and...
-
Place a tick in the appropriate grid to identify the balance that would be brought down in each of the following named accounts, in the books of Rizwy Mohamed: (a) In the Cash account: if Rizwy...
-
Conday and Co. Ltd has been in operation for three years and produces antique reproduction furniture for the export market. The most recent set of financial statements for the business is set out as...
-
Conday and Co. Ltd has been in operation for three years and produces antique reproduction furniture for the export market. The most recent set of financial statements for the business is set out as...
-
Conday and Co. Ltd has been in operation for three years and produces antique reproduction furniture for the export market. The most recent set of financial statements for the business is set out as...
-
In 2019, Sunland Company had a break-even point of $388,000 based on a selling price of $5 per unit and fixed costs of $155,200. In 2020, the selling price and the variable costs per unit did not...
-
11. String Conversion Given a binary string consisting of characters '0's and '1', the following operation can be performed it: Choose two adjacent characters, and replace both the characters with...
-
Consider the table shown below to answer the question posed in part a. Parts b and c are independent of the given table. Callaway Golf (ELY) Alaska Air Group (ALK) Yum! Brands (YUM) Caterpillar...
Study smarter with the SolutionInn App