20. (a) Compute the yield value of the equity share on the basis of dividend yield...

 

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20. (a) Compute the yield value of the equity share on the basis of dividend yield from the information given below: Average profit after tax Preferene share dividend Rs. 17,000 5,400 10% Transfer to general reserve 9,000 Equity share of Rs.10 each fully paid 90,000 Normal rate of dividend 9% 20. (a) Compute the yield value of the equity share on the basis of dividend yield from the information given below: Average profit after tax Preferene share dividend Rs. 17,000 5,400 10% Transfer to general reserve 9,000 Equity share of Rs.10 each fully paid 90,000 Normal rate of dividend 9%

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To compute the yield value of the equity share based on dividend yield we need to follow these steps ... View the full answer