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I need clarification for the answers please 65. A company paid a dividend per share, Rs. 65 and the market price of the company's share
I need clarification for the answers please
65. A company paid a dividend per share, Rs. 65 and the market price of the company's share is Rs. 170 . The earnings per share of the company is Rs. 104. What is the dividend pay-out ratio? a. 62.50 per cent b. 7.65 per cent c. 37.65 per cent d. Insufficient information Answer: A 66. Hingoli Helium Company has a current stock price of Rs.65. For the past year, the company had net profit of Rs. 7.4 million, shareholder funds of Rs. 32450000 , and 3.6 million shares of stock outstanding. What is the price-earnings multiple? a. 21.55 b. 31.55 c. 11.55 d. 41.55 Step by Step Solution
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