Question
For a question in my accounting assignment, I am required to calculate various ratios for a company, using their published financial statements for 2020, 2019,
For a question in my accounting assignment, I am required to calculate various ratios for a company, using their published financial statements for 2020, 2019, 2018. I have been provided with a formula sheet tell me how to calculate these ratios. The 2 I am stuck on are dividends per share and earnings per share. The formulas I have been provided are as followed:
Dividends per share: dividends announced during the year/ weighted average number of ordinary shares on issue
earnings per share: earnings available to shareholders / weighted average number of ordinary shares on issue
I looked through the financial statements for the company and I cannot locate anything to do with dividends. so if the company doesn't have dividends how to calculate this ratio. if anyone could provide me with an direction on this topic or show me how to Calculate these 2 ratios for this company it would be much appreciated, as I have been stuck on this question for a while.
the company is XERO. I was unable to attach a link to the reports but they can be easily found on google by typing in the company and the annual report you wish to view 2020, 2019,2018.
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