Year 2 Year 1 Preference share, par value P50, 10%. Ordinary share, par value P20. Share premium - ordinary share.. Retained earnings.. P100,000 P100,000 400,000 400,000 100,000 120,000 60,000 100,000 140,000 Net income. 80,000 Dividends on preference share Dividends on ordinary share Market price per share, Dec 31 10,000 10,000 50,000 40,000 21.00 28.00 Instruction: Determine the following A. Price-earnings ratio B. Dividend yield ratio C. Payout ratio D. Return of Equity E. Book value per share
Year 2 Year 1 Preference share, par value P50, 10%. Ordinary share, par value P20. Share premium - ordinary share.. Retained earnings.. P100,000 P100,000 400,000 400,000 100,000 120,000 60,000 100,000 140,000 Net income. 80,000 Dividends on preference share Dividends on ordinary share Market price per share, Dec 31 10,000 10,000 50,000 40,000 21.00 28.00 Instruction: Determine the following A. Price-earnings ratio B. Dividend yield ratio C. Payout ratio D. Return of Equity E. Book value per share
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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