Following are the information of M/s Arbind minerals.9% preference shares of 10 each2,00,000Equity shares of? 10 each9,00,00011,00,000Profit after tax at 50%2,50,000Equity dividend paid 20%Market price per equity share50Calculated earnings per share, price earning ratio, and dividend payoutratio.

Name: Following are the information of M/s Arbind minerals.9% preference sh
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Description: Following are the information of M/s Arbind minerals.9% preference shares of 10 each2,00,000Equity shares of? 10 each9,00,00011,00,000Profit after tax at 50%2,50,000Equity dividend paid 20%Market price per equity share50Calculated earnings per share

Formula: EPS= Net Income(PAT)- Preferred DividendNo of Outstanding Common Shares PE Ratio= Market…

Answered: Calculated earnings per share, price…

Business

Accounting

Calculated earnings per share, price earning ratio, and dividend payout ratio.

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter15: Dividend Policy

Section: Chapter Questions

Problem 5P

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