The issued share capital of Soresson plc consists of 1,000,000 ordinary shares of 50p each and 250,000 6% preference shares of £1 each.
In the year to 31 March 2018, the company’s profit after tax was £90,000. Dividends paid during the year comprised the preference for the year and an ordinary of £55,000. The market price of the company’s ordinary shares on 31 March 2018 was 70p per share.
Required:
Calculate the following ratios for Soresson plc:
(a) Earnings per share.
(b) cover.
(c) yield.
(d) Price earnings ratio.
