Compared to the previous year, a companys profits increased while its share price decreased. The company paid

Question:

Compared to the previous year, a company’s profits increased while its share price decreased.

The company paid more dividends than the previous year, The number of shares issued remained unchanged. Which one of the following statements is true?’

a. Dividends per share decresed

b. P/E ratio increased

c. EPS decresesd

d. Dividend yield increased

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Accounting For Managers Interpreting Accounting Information For Decision Making

ISBN: 9781118037966

1st Canadian Edition

Authors: Paul M. Collier, Sandy M. Kizan, Eckhard Schumann

Question Posted: