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In the fiscal year, Microsoft Corp. reported the issuance of 5,000,000 ordinary shares, each valued at $1.50. The company announced a 6% dividend payout from
In the fiscal year, Microsoft Corp. reported the issuance of 5,000,000 ordinary shares, each valued at $1.50. The company announced a 6% dividend payout from its net profit, which amounted to $3,000,000. The company's total revenue for the year was $25 million, with the market price per share at $6.00. Determine:
1.Gross profit margin
2.Dividend payout ratio
3.Return on equity
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