Answered: Recto Co. has a price earnings ratio of…

Recto Co. has a price earnings ratio of 10, earnings per share of P2.00, and a pay out ratio of 75%. The dividend yield is a. 25.0% b. 22.0% c. 7.5% d. 10.0%

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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Question

Recto Co. has a price earnings ratio of 10, earnings per share of P2.00, and a pay out ratio of 75%. The dividend yield is

a. 25.0%

b. 22.0%

c. 7.5%

d. 10.0%

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