The following information has been extracted from the published accounts of Pesa Corporation Limited, a company quoted on the Nairobi Stock Exchange. Shs. Net profit after tax and interest 990,000 Less: dividends for the period 740,000 Transfer to reserves 250,000 Accumulated reserves brought forward 810,000 Reserves carried forward 1,060,000 Share capital (Sh.10 par valu Sh.8,000,000 Market price per share now 12% Required Calculate for Pesa Corposation Limited the following ratios and indicate the importance of each Earnings per share, Price earnings ratio, Dividend yield, Dividend cover Book Value per share
The following information has been extracted from the published accounts of Pesa Corporation Limited, a company quoted on the Nairobi Stock Exchange. Shs. Net profit after tax and interest 990,000 Less: dividends for the period 740,000 Transfer to reserves 250,000 Accumulated reserves brought forward 810,000 Reserves carried forward 1,060,000 Share capital (Sh.10 par valu Sh.8,000,000 Market price per share now 12% Required Calculate for Pesa Corposation Limited the following ratios and indicate the importance of each Earnings per share, Price earnings ratio, Dividend yield, Dividend cover Book Value per share
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 55E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...
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The following information has been extracted from the published accounts of Pesa Corporation Limited, a company quoted on the Nairobi Stock Exchange.
Shs.
- Net profit after tax and interest 990,000
- Less: dividends for the period 740,000
- Transfer to reserves 250,000
- Accumulated reserves brought forward 810,000
- Reserves carried forward 1,060,000
- Share capital (Sh.10 par valu Sh.8,000,000
- Market price per share now 12%
Required
Calculate for Pesa Corposation Limited the following ratios and indicate the importance of each
- Earnings per share,
- Price earnings ratio,
- Dividend yield,
- Dividend cover
- Book Value per share
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