A company has capital of 5 million ordinary shares of 1 each. It pays a dividend of
Question:
A company has capital of 5 million ordinary shares of £1 each. It pays a dividend of 5% of its profits after tax of £800,000 on sales of £8 million. The market price of the shares is £2.50. What is the:
(a) Net profit after tax : revenue
(b) Dividend yield
(c) Earnings per share
(d) Price earnings ratio?
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To answer these questions lets break down the information given step by step a Net profit after tax ...View the full answer
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Related Book For 
Frank Woods Business Accounting Volume 2
ISBN: 9781292085050
13th Edition
Authors: Frank Wood, Alan Sangster
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