The following selected information (in millions, except for per share information) is available for the National Bank
Question:
The following selected information (in millions, except for per share information) is available for the National Bank of Canada for the year ended October 31:
Instructions
(a) Calculate the following ratios for the common shareholders for each fiscal year:
1. Payout ratio
2. Dividend yield
3. Earnings per share
4. Return on common shareholders' equity
(b) Comment on the above ratios for 2012 in comparison with the prior year, and in comparison with the industry.
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Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-1118644942
6th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
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