Advanced Accounting
Advanced Accounting
14th Edition
ISBN: 9781260726435
Author: Joe Ben Hoyle
Publisher: Mcgraw-hill Higher Education (us)
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Chapter 2, Problem 21P
To determine

Introduction: Consolidated financial statements are the single set of statements that combines two or more companies to create a single economic entity. A consolidated balance sheet occurs immediately after the business combination, where all the assets and liabilities of the related entities are combined.

The total stockholder’s equity reported in the consolidated balances sheet on December 31, 2020.

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1. Dividend per share in a company Rs. 2, earning per share is Rs. 5 and the market value of the share is Rs. 25. What will be its yield? A. O 20% B. 12.5% C. 8% D. 25%
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