Answered step by step
Verified Expert Solution
Question
1 Approved Answer
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
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started