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Question B5 (continued) (1.5 marks) (v) Price earnings ratio (vi) Dividend yield (1.5 marks) (vii) Quick ratio (1.5 marks) (viii) Debt ratio (1.5 marks) (b)

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Question B5 (continued) (1.5 marks) (v) Price earnings ratio (vi) Dividend yield (1.5 marks) (vii) Quick ratio (1.5 marks) (viii) Debt ratio (1.5 marks) (b) Below is the information related to Williams Company: Reported data for the year Anticipated data for the ended 30 September 2019 year ended 30 September 2020 Net profit $2,400,000 $3.900.000 Number of outstanding 600,000 780,000 shares as at 30 September Market price per share $40 ? Assume Williams' anticipated Price/Earnings ratio as at 30 September 2020 is the same as that of 30 September 2019. What will be the anticipated share price of Williams as at 30 September 2020? (3 marks) - End of Section B - - END OF PAPER

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