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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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