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.