Income statement for the year ended 31 December, 2019 of KKMTN Ghana Ltd 2018 2019 ȼ ‘000 ȼ ‘000 Turnover 420,000 523,600 Cost of sales (330,000) (417,200) Gross profit 89,000 106,400 Expenses: Administration 44,600 50,200 Selling and distribution 15,400 (60,000) 19,600 (69,800) Profit before interest 29,000 36,600 Debenture interest - (2,800) Net profit before tax 29,000 33,800 Taxation (8,000) (10,000) Net Profit after tax 21,000 23,800 Ordinary dividend paid 8,400 9,250 Ordinary shares issued 12 million and trading at ȼ3 each as at yesterday on GSE. You are required to compute the following investment ratios: a). Earnings per share b). Dividend per share c). Payout ratio d). Price earnings ratio e). Earnings yield
Income statement for the year ended 31 December, 2019 of KKMTN Ghana Ltd 2018 2019 ȼ ‘000 ȼ ‘000 Turnover 420,000 523,600 Cost of sales (330,000) (417,200) Gross profit 89,000 106,400 Expenses: Administration 44,600 50,200 Selling and distribution 15,400 (60,000) 19,600 (69,800) Profit before interest 29,000 36,600 Debenture interest - (2,800) Net profit before tax 29,000 33,800 Taxation (8,000) (10,000) Net Profit after tax 21,000 23,800 Ordinary dividend paid 8,400 9,250 Ordinary shares issued 12 million and trading at ȼ3 each as at yesterday on GSE. You are required to compute the following investment ratios: a). Earnings per share b). Dividend per share c). Payout ratio d). Price earnings ratio e). Earnings yield
Fundamentals of Financial Management (MindTap Course List)
15th Edition
ISBN:9781337395250
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter4: Analysis Of Financial Statements
Section: Chapter Questions
Problem 24P: Income Statement for Year Ended December 31, 2018 (Millions of Dollars) Net sales 795.0 Cost of...
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tion 8
Income statement for the year ended 31 December, 2019 of KKMTN Ghana Ltd
2018 2019
ȼ ‘000 ȼ ‘000
Turnover 420,000 523,600
Cost of sales (330,000) (417,200)
Gross profit 89,000 106,400
Expenses:
Administration 44,600 50,200
Selling and distribution 15,400 (60,000) 19,600 (69,800)
Profit before interest 29,000 36,600
Debenture interest - (2,800)
Net profit before tax 29,000 33,800
Net Profit after tax 21,000 23,800
Ordinary dividend paid 8,400 9,250
Ordinary shares issued 12 million and trading at ȼ3 each as at yesterday on
GSE.
You are required to compute the following investment ratios:
a). Earnings per share
b). Dividend per share
c). Payout ratio
d). Price earnings ratio
e). Earnings yield
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