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Oxon ltd has ordinary shares in issue with a nominal value

Oxon Ltd has ordinary shares in issue with a nominal value of $1. The dividend payout ratio is 20% and the gross dividend yield is 4%. The earnings per share is $0.60. What is the price/earnings ratio of the company?

A. 25·0 times

B. 13·8 times

C. 5·0 times

D. 1·8 times

E. None of the above

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Finance Basics: Oxon ltd has ordinary shares in issue with a nominal value

Reference No:- TGS01510531

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Finance Basics: Oxon ltd has ordinary shares in issue with a nominal value

Reference No:- TGS01510531

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