Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Zenani inc reported earnings per share ( EPS ) of R 5 . 0 0 and paid a dividend of R 1 . 2 5

Zenani inc reported earnings per share (EPS) of R5.00 and paid a dividend of R1.25 per shere. Calculate
the dividend payout ratio for this business.
Select one:
0.75
0.50
0.25
1.00
0.20
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Money Laundering A Guide For Criminal Investigators

Authors: John Madinger , Nancy Kinnison

3rd Edition

143986912X,1439869146

More Books

Students also viewed these Finance questions

Question

=+How might it impede communication? [LO-5]

Answered: 1 week ago

Question

Why is it useful to compare multiple companies at once?

Answered: 1 week ago