Bayer AG has 5,400,000 ordinary shares of 2 each. Declared dividends are 3% of the net profits.
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Question:
•Bayer AG has 5,400,000 ordinary shares of €2 each.
•Declared dividends are 3% of the net profits.
•After-tax profit: €1,620,000
•Annual sales: €20 million
•Current market price per share: €4.00
Calculate the following:
1.Gross profit margin
2.Dividend payout ratio
3.Earnings per share
Related Book For
Financial Accounting and Reporting
ISBN: 978-0273744443
14th Edition
Authors: Barry Elliott, Jamie Elliott
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