Answered step by step
Verified Expert Solution
Question
1 Approved Answer
In the fiscal year, Renault Group reported the issuance of 4,600,000 ordinary shares, each valued at 2. The company announced a 5% dividend payout from
In the fiscal year, Renault Group reported the issuance of 4,600,000 ordinary shares, each valued at €2. The company announced a 5% dividend payout from its net profit, which amounted to €2,300,000. The company's total revenue for the year was €27 million, with the market price per share at €3.75. Determine:
1.Dividend per share
2.Net profit margin
3.Return on assets
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started