Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Huawei Technologies Co. has issued 7,000,000 ordinary shares at a nominal value of 1.50 each. The company has declared a dividend payout of 5% from

Huawei Technologies Co. has issued 7,000,000 ordinary shares at a nominal value of ¥1.50 each. The company has declared a dividend payout of 5% from its after-tax profit of ¥3,500,000. The sales for the year were reported at ¥40 million, and the market price per share stands at ¥4.00. Calculate the following:
1.Net profit margin
2.Dividend per share
3.Price earnings ratio

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Financial Reporting and Analysis

Authors: David Alexander, Anne Britton, Ann Jorissen

5th edition

978-1408032282, 1408032287, 978-1408075012

More Books

Students also viewed these Accounting questions