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The following are extracts from the financial statements of Dolly Jean Limited: Statement of Comprehensive lacome for the year ended 31 December 2010 Market price
The following are extracts from the financial statements of Dolly Jean Limited: Statement of Comprehensive lacome for the year ended 31 December 2010 Market price per share 50010D7001QD Requircd: (a) Calculate the following ratios and discuss their esefulnesx: (i) Earnings per share (ii) Eamings yield ratio (iii) Dividend cover natio (b) Ratios are important tools in the analysis and interpretation of Financial Statements. However, they have a namber of limitations and shortcomings. Discuss THREE of such Limitations
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