Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Calculate the dividend cover given the following details. Share Price: 1.59, Number of Shares: 25,000,000, Profits before tax: 24,000,000, Profits after tax: 16,000,000, Price to
Calculate the dividend cover given the following details. Share Price: 1.59, Number of Shares: 25,000,000, Profits before tax: 24,000,000, Profits after tax: 16,000,000, Price to Sales Ratio: 0.479, Dividend per share: 12p.
5.0000 |
5.3333 |
7.9342 |
6.4523 |
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