Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please it is an assignment. Thanks A Question under fin. Reporting 1 Note: Market Price per share is $88 per share. Ordinary shares outstanding are

please it is an assignment. Thanks
A Question under fin. Reporting 1
image text in transcribed
Note: Market Price per share is $88 per share. Ordinary shares outstanding are 33m shares Required: a). Calculate the following three ( 3 ) investment ratios of interest to a potential investor; return on equity (ROE), earnings per share (EPS), and dividend cover. b). Cakculate the following three (3) ratios of interest to a potential long-term lender: gearing (debe/Equity) ratio, current ratio and interest cover. c). Report briefly on the performance and state of the business, from the point of view of a potential shareholder and secondly, a potential lender using the ratios calculated above

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

Management Accounting For Financial Decisions

Authors: Keith Ward ,Sri Srikanthan ,Richard Neal

1st Edition

0750600675, 978-0750600675

More Books

Students also viewed these Accounting questions

Question

Which form of proof do you find most persuasive? Why?

Answered: 1 week ago