Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Norts Ltd Balance sheet Extract 20XX 20XY $ $ Paid up capital ($1 fully paid shares) 200.000 250.000 Retained profits 10.000 15.000 General reserve 5.000

Norts Ltd

Balance sheet Extract

20XX 20XY

$ $

Paid up capital ($1 fully paid shares) 200.000 250.000

Retained profits 10.000 15.000

General reserve 5.000 10.000

Total 215.000 275.000

Total liabilities 85.000 125.000

Total Equities 300.000 400.000

Additional

Profit after tax 30.000 35.000

Dividends 20.000 25.000

Market price of share $1.50 $1.30

Calculate for both years:

(a) Earnings per share

(b) Earnings yield

(c) Dividend yield

(d) Price per earnings ratio

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microsoft Excel For Accounting The First Course

Authors: L Murphy Smith, Katherine Smith

1st Edition

0130085529, 978-0130085528

More Books

Students also viewed these Accounting questions

Question

6 . Write the SQL query create a user ( STUDB _ ) .

Answered: 1 week ago