Honda Motor Co. has a share capital structure as follows:
•6,000,000 ordinary shares with a nominal value of ¥100 each.
•Dividends declared at 6% of net profits after tax.
•Net profit after tax: ¥3,600,000,000
•Annual sales: ¥40,000,000,000
•Market price per share: ¥150
Tasks:
1.Compute the earnings per share.
2.Calculate the dividend yield.
3.Determine the price earnings ratio.