Maimalari Ltd had (i) Earning per share 47k (ii) Dividend per share 30k (iii) Par...
FINANCIAL
JAMB 2000
Maimalari Ltd had
(i) Earning per share 47k
(ii) Dividend per share 30k
(iii) Par value of each share N1.20
(iv) Market price per share N1.50
The company's earning yield is?
- A. 20.00%
- B. 25.00%
- C. 31.33%
- D. 39.17%
Correct Answer: C. 31.33%
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