Question
Google LLC has issued 6,000,000 ordinary shares at a nominal value of $1.50 each. The company has declared a dividend payout of 7% from its
Google LLC has issued 6,000,000 ordinary shares at a nominal value of $1.50 each. The company has declared a dividend payout of 7% from its after-tax profit of $2,800,000. The sales for the year were reported at $35 million, and the market price per share stands at $5.00. Calculate the following:
1.Dividend per share
2.Return on equity
3.Earnings per share
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Financial Accounting A User Perspective
Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry
6th Canadian Edition
470676604, 978-0470676608
