Graham Plc Has the Following Information for the Year to 30

question 3

Multiple Choice

Graham plc has the following information for the year to 30 June:
Profit for the year : £4.2m
Ordinary dividend paid : £1.8m
Number of ordinary shares : 18m
Market price at 30 June : £2.90
Calculate the dividend cover for Graham plc.

• A) 0.42 times
• B) 2.3 times
• C) 10 times
• D) 1.33 times

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Definitions:

Frequent Moves

The repeated process of changing one's living location, which can impact various aspects of personal and family life including social relationships and schooling.

Qualitative Research

Research that focuses on nonnumerical data, such as subjective experiences, feelings, or beliefs.

Detailed Descriptions

Thorough and comprehensive accounts or depictions of events, objects, or processes.

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Convictions or acceptances that something exists or is true, especially without proof, shaping one's perception and behavior.