Aus Groces recently reported the following 2016 income wament o della induding depreciation Operating EBIT FAT Netc...

Question

Question

business finance

Answer 1

Answer #1

a:

Sales	910
Operating costs including depreciation	637
EBIT	273
Interest	40
EBT	233
taxes	93.2
Net Income	139.8
Dividend	46.6
Addition to retained earnings	93.2

b: Growth rate in dividends= (D1-D0)/D0

= (46.6-32)/32

= 45.63%

Workings

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Answer 2

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