BP Plc has a share capital structure as follows:
•4,800,000 ordinary shares with a nominal value of £1 each.
•Dividends declared at 6% of net profits after tax.
•Net profit after tax: £2,880,000
•Annual sales: £32,000,000
•Market price per share: £3.75
Tasks:
1.Compute the earnings per share.
2.Calculate the dividend yield.
3.Determine the price earnings ratio.