You are presented with the following information relating to Hedge public limited company for the year to
Question:
You are presented with the following information relating to Hedge public limited company for the year to 31 May 2016:
● The company has an issued and fully paid share capital of £500,000 ordinary shares of £1 each. There are no preference shares.
● The market price of the shares at 31 May 2016 was £3.50.
● The net profit after taxation for the year to 31 May 2016 was £70,000.
● The directors have declared a dividend of 7p per share for the year to 31 May 2016.
Required:
Calculate the following accounting ratios:
(a) Dividend yield
(b) Dividend cover
(c) Earnings per share
(d) Price/earnings ratio.
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Related Book For
Accounting For Non-Accounting Students
ISBN: 9781292128979
9th Edition
Authors: John R. Dyson, Ellie Franklin
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