Question
In the fiscal year, Lloyds Banking Group reported the issuance of 3,900,000 ordinary shares, each valued at 2. The company announced a 5% dividend payout
In the fiscal year, Lloyds Banking Group reported the issuance of 3,900,000 ordinary shares, each valued at £2. The company announced a 5% dividend payout from its net profit, which amounted to £1,950,000. The company's total revenue for the year was £28 million, with the market price per share at £4.00. Determine:
1.Dividend per share
2.Net profit margin
3.Return on assets
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
