If the number of equity shares 3,000; Net profit ₹22,000; Dividend per equity share Re. 0.30; Provision for taxation ₹12,000 and preference dividend paid ₹4,000, the Pay-out ratio is: (A) 15% (B) 10% (C) 5% (D) 18%

CS Executive · Cost and Management Accounting · PYQS · December 2017
If the number of equity shares 3,000; Net profit ₹22,000; Dividend per equity share Re. 0.30; Provision for taxation ₹12,000 and preference dividend paid ₹4,000, the Pay-out ratio is: (A) 15% (B) 10% (C) 5% (D) 18%
(A) 15%
(B) 10%
(C) 5%
(D) 18%

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Ratio Analysis

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