GlaxoSmithKline plc, the British pharmaceutical company, reported 2011 earnings of 5,458 million under IFRS. Cash dividends were

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GlaxoSmithKline plc, the British pharmaceutical company, reported 2011 earnings of £5,458 million under IFRS. Cash dividends were £3,406 million. The company had an average of 5,099 million common shares outstanding. No other type of stock was outstanding. The market price of the stock at the end of the year was approximately £14.72 per share. Compute
(1) EPS,
(2) P-E ratio,
(3) Dividend-yield, and
(4) Dividend-payout ratio.

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Introduction to Financial Accounting

ISBN: 978-0133251036

11th edition

Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick

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