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58. From the following datas availed by Ranjan Ltd., compute the pay-out ratio and retained earnings ratio : (No. of equity and shares) (Dividend per

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58. From the following datas availed by Ranjan Ltd., compute the pay-out ratio and retained earnings ratio : (No. of equity and shares) (Dividend per equity share) 16,000 (Net profit) 2 (Tax rate) (Preference dividend) [Ans. Pay out Ratio : 66.67%; Retained earnings ratio : 33.33%.] 80,000 25% 8,000 69. On the basis of the following data determine the following : 1. (Dividend yield on the equity shares) 2. (Coverage ratio for the preference dividends) 3. (Coverage ratio for the equity dividends) 4. (Earning per share) 5. (Price earning ratio) Ans. Solvency Ratio : 67:21; Debt-Equity Ratio: On the basis of long-term debts 8:23, On the basis of total debts 21:46

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