The following were reflected from the records of Bulldogs Inc.: Earnings before interest and taxes P1,250,000 Interest expense Preferred dividends 250,000 200,000 40% Payout ratio Income tax rate 25% Price earnings ratio Shares outstanding throughout the year: Preferred 5 times 20,000 25,000 Common

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
he dividend yield ratio is:
 
 
0.08
0.50
0.12
0.40
none of the choice is correct
The following were reflected from the records of Bulldogs Inc.:
Earnings before interest and taxes
Interest expense
Preferred dividends
P1,250,000
250,000
200,000
40%
Payout ratio
Income tax rate
25%
Price earnings ratio
Shares outstanding throughout the year:
5 times
Preferred
20,000
Common
25,000
Transcribed Image Text:The following were reflected from the records of Bulldogs Inc.: Earnings before interest and taxes Interest expense Preferred dividends P1,250,000 250,000 200,000 40% Payout ratio Income tax rate 25% Price earnings ratio Shares outstanding throughout the year: 5 times Preferred 20,000 Common 25,000
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