Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Beta (Public Company) Limited Summary Balance As at 31. December 2021 1. If Beta (Public Company) Limited has earned profits before interest and Tax (PBIT)
Beta (Public Company) Limited Summary Balance As at 31. December 2021 1. If Beta (Public Company) Limited has earned profits before interest and Tax (PBIT) of 240,000 for the year ended 31 December 2021 and the proposal of the directors for a 25 cents per share dividend has been accepted by its shareholders, calculate the following ratios explaining briefly the usefulness of each one (Corporation tax for 2021 stands at 40%, and) the share's current market price at the stock exchange is 65.40 ): a. Return on Total Long Term Capital b. Return on Borrowed Capital c. Return on Equity e. Creditors Turnover Period. Beta (Public Company) Limited Summary Balance As at 31. December 2021 1. If Beta (Public Company) Limited has earned profits before interest and Tax (PBIT) of 240,000 for the year ended 31 December 2021 and the proposal of the directors for a 25 cents per share dividend has been accepted by its shareholders, calculate the following ratios explaining briefly the usefulness of each one (Corporation tax for 2021 stands at 40%, and) the share's current market price at the stock exchange is 65.40 ): a. Return on Total Long Term Capital b. Return on Borrowed Capital c. Return on Equity e. Creditors Turnover Period
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started