A company has capital of one million ordinary shares of $1 each. The company pays a dividend

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A company has capital of one million ordinary shares of $1 each. The company pays a dividend of 6 per cent. The profits for the year after tax were $480 000. The sales revenue for the year was $4 million. The market price of a share is $1.40.

a. What is the dividend yield?

b. What are the earnings per share?

c. What is the price/earnings per share?

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Accounting For Cambridge International AS And A Level

ISBN: 9780198399711

1st Edition

Authors: Jacqueline Halls Bryan, Peter Hailstone

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Question Posted: Sep 20, 2021 01:24 AM

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A company has capital of one million ordinary shares of $1 each. The company pays a dividend

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a The dividend yield is a measure of the return that shareholders receive from their investment in t...View the full answer

Accounting For Cambridge International AS And A Level

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