The capital of E. Ltd. is as follows: Additional information: Profit (after tax at 35 per cent),
Question:
The capital of E. Ltd. is as follows:
Additional information: Profit (after tax at 35 per cent), ₹2,70,000; Depreciation, ₹60,000; Equity dividend paid, 20 per cent; Market price of equity shares, ₹40.
You are required to compute the following, showing the necessary workings:
(a) Dividend yield on the equity shares.
(b) Cover for the preference and equity dividends.
(c) Earnings per shares.
(d) Price-earnings ratio.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
a Dividend yield on the equity shares b Dividend coverage ratio ...View the full answer
Answered By
Charles mwangi
I am a postgraduate in chemistry (Industrial chemistry with management),with writing experience for more than 3 years.I have specialized in content development,questions,term papers and assignments.Majoring in chemistry,information science,management,human resource management,accounting,business law,marketing,psychology,excl expert ,education and engineering.I have tutored in other different platforms where my DNA includes three key aspects i.e,quality papers,timely and free from any academic malpractices.I frequently engage clients in each and every step to ensure quality service delivery.This is to ensure sustainability of the tutoring aspects as well as the credibility of the platform.
2+ Reviews
10+ Question Solved
Related Book For 
Management Accounting Text Problems And Cases
ISBN: 9781259026683
6th Edition
Authors: M Y Khan, P K Jain
Question Posted:
