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Toronto has 5,0000,000 ordinary shares in issue .its resultfor the year end are as follows profit before tax 750000 taxation 150000 profit after tax 600000
Toronto has 5,0000,000 ordinary shares in issue .its resultfor the year end are as follows
profit before tax 750000
taxation 150000
profit after tax 600000
proposed dividends 150000
Retained profits 450000
The market price pershare is currently $83 pence cum div
Calculate the following ratios
(a)price /earning
(b)dividend payout
(c)dividend yield
(d)dividend covers
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