Solved

For the Year Ended 30 November 2019, Trample Plc Has

Question 34

Multiple Choice

For the year ended 30 November 2019, Trample plc has a profit after tax of £5.0m. Issued share capital of £8.0m is made up of six million 50 pence preference shares which carry a dividend rate of 5% and ordinary share capital of £5.0m made up of shares with a par value of 25 pence each. The current market price of one ordinary share in Trample plc is 400 pence. What is Trample plc's price earnings ratio?


A) 6.40
B) 16.00
C) 16.49
D) 17.02

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents