Calculate the dividend payout ratio of ordinary shares

Assignment Help Financial Accounting
Reference no: EM132973234

Question - Enterprises paid a P2.50 per share dividend on 100,000 ordinary shares and P4.00 per share dividend on 25,000 preferred shares. Net income for the year was P850, 000. The current market price of ordinary shares is P52.50.

Required -

1. Calculate the earnings per ordinary share.

2. Calculate the firm's price/earnings ratio.

3. Calculate the dividend payout ratio of ordinary shares.

4. Calculate the dividend yield of ordinary shares.

Reference no: EM132973234

Questions Cloud

What the entry to record only issue of the shares would be : On August 15, 2019, WT issues the common shares due to the remaining subscribers. The entry to record only this issue of the shares would be
Compute the first and third quartiles : Suppose you recorded the daily high temperature in Vancouver in a recent week in degree Celsius as follows:
What the journal entry to record transaction would be : The company forfeited their subscriptions and received the payments from the remaining subscribers. The journal entry to record this transaction would be
Describe the processes the team set goals : First, describe what made the team effective in making connections to this week's reading materials.
Calculate the dividend payout ratio of ordinary shares : Net income for the year was P850, 000. The current market price of ordinary shares is P52.50. Calculate the dividend payout ratio of ordinary shares
Qualitative methodology to investigate problem : Based on your quantitative analyses of employee contributions to the workplace, you have learned that several employees continue to be dissatisfied and may leav
Find the journal entry to record transaction on february : Company were being traded in the market at $20 each on that date. The journal entry to record this transaction on February 1, 2017, would be
Why are whistle-blowers regarded as models of honor : Why are whistle-blowers regarded as models of honor and integrity
Which philosophical worldview most closely aligns : -Which philosophical worldview most closely aligns with your perspective and the way that you view problems in the world? How so?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Balance in the raw materials inventory account

Cost of goods manufactured, balance in the raw materials inventory account and the cost of goods manufactured for May

  What circumstance would firm expect to earn monopoly profits

Which of the following industry factors does not affect the bargaining power of buyers? What circumstance would firm expect to earn monopoly profits

  What is maximum amount of the loan that azalea could have

Find What is the maximum amount of the loan that Azalea could have outstanding for the year and not be in violation of its covenant?

  What are weighted-average accumulated expenditures

In addition, the company had outstanding all year a 10%, 3-year, $4,000,000 note payable and an 11%, 4-year, $7,500,000 note payable. What are weighted-average accumulated expenditures?

  Prepare schedule showing sales and cash collections

A Sendai clothing wholesaler was preparing its sales budget for the first quarter of 20X8. Forecast sales are as follows (All values are in thousands of yen). January ¥203,000 February ¥227,000 March ¥248,000 Sales are 40% cash and 60% on credit. Pre..

  Which is least likely to lead to an increase in the cost

Which is least likely to lead to an increase in the cost of debt financing? increase in average age of debt financing. / increase in expected inflation

  What changes would make to stratfords strategic performance

What changes would you make to Stratford's strategic performance measurement system? Include the role, if any, of the firm's international business operations in your response.

  Compute depreciation expense on the building

Compute depreciation expense on the building, equipment, and vehicles for 2021. On March 31, 2021, the Herzog Company purchased a factory

  The direct method generally favored by analyst-true or false

The indirect method of reporting net cash flow from operations shows the operating cash receipts and cash payments. TRUE OR FALSE

  Discuss how excillibur limited should measure the contract

Discuss how Excillibur Limited should measure the contract with Raindrops Limited for the year ended 31 December 2015 in terms of IFRS15

  Find what factory overhead allocated per unit of blinks is

What The factory overhead allocated per unit of Blinks is? Ramapo Company uses a single plantwide overhead rate to apply all factory overhead

  Should cast iron grant or refuse credit

What is the break-even probability of collection? Consider the case of the Cast Iron Company. On each nondelinquent sale, Cast Iron receives revenues.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd