Calculated earnings per share, price earning ratio, and dividend payout ratio.

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...
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Following are the information of M/s Arbind minerals.
9% preference shares of 10 each
2,00,000
Equity shares of? 10 each
9,00,000
11,00,000
Profit after tax at 50%
2,50,000
Equity dividend paid 20%
Market price per equity share
50
Calculated earnings per share, price earning ratio, and dividend payout
ratio.
Transcribed Image Text:Following are the information of M/s Arbind minerals. 9% preference shares of 10 each 2,00,000 Equity shares of? 10 each 9,00,000 11,00,000 Profit after tax at 50% 2,50,000 Equity dividend paid 20% Market price per equity share 50 Calculated earnings per share, price earning ratio, and dividend payout ratio.
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