Question
Chunky plc has issued share capital of 45 million ordinary shares of 25 pence each and 10 million 6% preference shares of 1 each. Profit
Chunky plc has issued share capital of 45 million ordinary shares of 25 pence each and 10 million 6% preference shares of 1 each. Profit for the year to 31 March 2021 amounted to 30 million. Ordinary dividends for the year were 20 pence per ordinary share. The current market price of shares in Chunky plc is 750 pence. What is the price/earnings ratio of Chunky plc?
37.50
11.25
14.03
11.48
Gemma plc has the following figures drawn from the company's financial statements for the year ended 31 December 2020:
Ordinary share capital is made up of ordinary shares of 25 pence each
Issued ordinary share capital: 7,500,000
Profit for the year: 4,500,000
Total ordinary dividends paid in the year: 1,200,000
What is the dividend per share for Gemma plc for the financial year to 31 December 2020?
16p per share
60p per share
15p per share
4p per share
Tuttle Company discloses supplementary operating segment information for its three reportable segments. Data for 20X3 are available as follows:
| Segment A |
| Segment B |
| Segment C |
|
| |||||||||||
Sales | 500,000 |
|
| 300,000 |
|
| 200,000 |
|
| |||||||||
Traceable operating expenses |
| 250,000 |
|
|
| 120,000 |
|
|
| 90,000 |
|
| ||||||
Allocable costs for the year were 54,000. Allocable costs are assigned based on the ratio of a segment's income before allocable costs to total income before allocable costs. The 20X3 operating profit for Segment A was:
196,000
223,000
250,000
225,000
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