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In the fiscal year, Nike Inc. reported the issuance of 4,500,000 ordinary shares, each valued at $2. The company announced a 5% dividend payout from
In the fiscal year, Nike Inc. reported the issuance of 4,500,000 ordinary shares, each valued at $2. The company announced a 5% dividend payout from its net profit, which amounted to $2,250,000. The company's total revenue for the year was $28 million, with the market price per share at $3.50. Determine:
1.Gross profit margin
2.Dividend per share
3.Return on equity
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