Waec Model Questions Vol1 2020 Commerce Question 20

Practice objective / multiple choice question 20 from the 2020 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2020 Commerce Objective / Multiple Choice Hard Difficulty
Question 20 WAEC_MODEL_QUESTIONS_VOL1 • 2020 • COMMERCE • objective

The Nigerian Stock Exchange All‑Share Index (ASI) is currently at 12,500 points. A particular company's share price is 0.8 % of the index value. The company's dividend yield is 4.5 % and its price‑earnings (P/E) ratio is 15. Determine the company's earnings per share (EPS) and dividend per share (DPS) in naira, each rounded to two decimal places.

Answer Options

A. EPS = 6.67 Naira; DPS = 0.30 Naira
Correct Answer B. EPS = 6.67 Naira; DPS = 4.50 Naira
C. EPS = 66.67 Naira; DPS = 4.50 Naira
D. EPS = 666.67 Naira; DPS = 450.00 Naira
Correct Answer
B
Correct Option:
EPS = 6.67 Naira; DPS = 4.50 Naira

About This Question

This is Waec Model Questions Vol1 2020 Commerce Question 20. It is one of the objective questions from the 2020 Waec Model Questions Vol1 Commerce examination.

Difficulty level: Hard .

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