The market capitalization of Abutia Plc as at 31 December 2018 was GHC21 million. The stated capital of the company consists of 10 million ordinary shares . The profit after tax for the year ended 31 December 2018 was GHC 2.8 million . The dividend pay-out rate for the year was 80%. Calculate the Price –earning ratio of Abutia Plc
The market capitalization of Abutia Plc as at 31 December 2018 was GHC21 million. The stated capital of the company consists of 10 million ordinary shares . The profit after tax for the year ended 31 December 2018 was GHC 2.8 million . The dividend pay-out rate for the year was 80%. Calculate the Price –earning ratio of Abutia Plc
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
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Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
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Chapter15: Financial Statement Analysis
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Problem 64P: Albion Inc. provided the following information for its most recent year of operations. The tax rate...
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The market capitalization of Abutia Plc as at 31 December 2018 was GHC21 million. The
stated capital of the company consists of 10 million ordinary shares . The profit after tax for the year
ended 31 December 2018 was GHC 2.8 million . The dividend pay-out rate for the year was 80%.
Calculate the Price –earning ratio of Abutia Plc
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