Walmart Inc. has a share capital structure as follows:
•6,500,000 ordinary shares with a nominal value of $1.50 each.
•Dividends declared at 3% of net profits after tax.
•Net profit after tax: $3,900,000
•Annual sales: $45,000,000
•Market price per share: $5.00
Tasks:
1.Compute the earnings per share.
2.Calculate the dividend yield.
3.Determine the price earnings ratio.