Following information is available in respect of Rama Ltd. : No. of shares outstanding: 4 lakh Net profit: ₹20 lakh Equity capitalization rate: 15% Rate of return on investment: 20% You are required to calculate Dividend
CS Executive · Financial and Strategic Management · PYQS · December 2023
Following information is available in respect of Rama Ltd. : No. of shares outstanding: 4 lakh Net profit: ₹20 lakh Equity capitalization rate: 15% Rate of return on investment: 20% You are required to calculate Dividend payout ratio to keep share price at ₹40.
Answer & Explanation:
The official key records '*'. This question is excluded from automatic grading because the source does not supply an unambiguous valid choice. Official source note: *Answers for these questions are incorrect. Hence, whether these questions are attempted or not by the candidates, marks to be awarded.
Topics: Financial Management
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