QUESTION FIVE (20 Marks)

Use the following information to answer the given questions.

Mandela (Pty) Ltd 2022 2021 Market Price Per Share 5000 5 452

Dividend Per Share 120 130

Earnings Per Share 452 455

Number of Shares Issued (Class A) 1 000 000,00 900 000,00

Net Asset Value 50 252 000,00 45 520 524,00

Net Asset Value Per Share 50, 25 55,58

Calculate and explain what the following ratios for both years mean for Mandla (Pty) Ltd

5.1 Price earnings ratio (6 Marks)

5.2 Dividend yield (7 Marks)

5.3 Market to book ratio (7 Marks)