Please calculate the below accounting ratios whilst referring to the attachment.1. Payout-Ratio 2. Dividend-Coverage-Ratio ABC Statement of financial position20182019$,000$,000$,000Non-current assets: Cost less depreciation22003000Current assetsInventory400450Receivables500600Cash10020010001250Total asset32004250EquityOrdinary shares ($1 nominal)10001500Retained earnings800800Non-current liabilities10% loan notes60075010% preference shares ($1 nominal)200250Current liabilitiesPayables400650Taxation200300600950Total equity and liabilities32004250Statement of profit or loss for the year20182019endedRevenue30004000Cost of Sales-2400-2750Gross Profit6001250Operating Expenses-200-450Profit before Interest and Tax400800Interest-60-60Profit before Tax340740Income Tax-180-370Profit after Tax160370Other InformationTotal Ordinary Dividend125200Current market price of Ordinary Shares1.41.8

Name: Please calculate the below accounting ratios whilst referring to the a
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Description: Please calculate the below accounting ratios whilst referring to the attachment.1. Payout-Ratio 2. Dividend-Coverage-Ratio ABC Statement of financial position20182019$,000$,000$,000Non-current assets: Cost less depreciation22003000Current assetsInven

Payout ratio is used to know the dividend distribution of the company. It shows the dividend paid to…

Answered: Profit after Tax 160 370 Other…

Business

Accounting

Profit after Tax 160 370 Other Information Total Ordinary Dividend 125 200

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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