Question

Compute the yield value of the equity share on the basis of dividend yield from the information given below :

Average profit after tax Rs.17,000
Preferene share dividend Rs.5,400
Transfer to general reserve 10%
9,000 Equity share of Rs.1 0 each fully paid Rs.90,000
Normal rate of dividend 9%​

Answer 1

Answer:

Average profit after tax Rs.17,000

Preferene share dividend Rs.5,400

Transfer to general reserve 10%

9,000 Equity share of Rs.1 0 each fully paid Rs.90,000

Normal rate of dividend 9%