From the following information, calculate: (a) Earnings per share; (b) Price/earnings ratio; (c) Dividend yield; and (d)

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From the following information, calculate:

(a) Earnings per share;

(b) Price/earnings ratio;

(c) Dividend yield; and

(d) Dividend cover. (i) Net profit after interest and tax and preference dividends = £300,000. (ii) Number of ordinary shares issued = 500,000. (iii) Market price per share = £4.20. (iv) Gross divided per share = 20p. (v) Interest = £10,000. (vi) Ordinary dividends paid and proposed = £120,000.

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Related Book For  answer-question

Frank Woods Business Accounting

ISBN: 9780273759287

12th Edition

Authors: Frank Wood. Sangster, Alan

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