Question
Santander Group has 6,700,000 ordinary shares of 1 each. Declared dividends are 3% of the net profits. After-tax profit: 2,010,000 Annual sales: 34 million Current
•Santander Group has 6,700,000 ordinary shares of €1 each.
•Declared dividends are 3% of the net profits.
•After-tax profit: €2,010,000
•Annual sales: €34 million
•Current market price per share: €4.00
Calculate the following:
1.Gross profit margin
2.Dividend payout ratio
3.Earnings per share
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Financial Accounting and Reporting
Authors: Barry Elliott, Jamie Elliott
14th Edition
978-0273744535, 273744445, 273744534, 978-0273744443
