Equity share capital: ₹25,00,000; Face value of shares: ₹100; Profit for equity shareholders: ₹5,15,000; Dividend pay-out ratio: 40%; P/E ratio: 30. The dividend per share is ............
CS Executive · Corporate and Management Accounting · PYQS · December 2021
Equity share capital: ₹25,00,000; Face value of shares: ₹100; Profit for equity shareholders: ₹5,15,000; Dividend pay-out ratio: 40%; P/E ratio: 30. The dividend per share is ............
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Corporate Accounting
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