The company’s earning yield is?

Maimalari Ltd had

(i) Earning per share 47k
(ii) Dividend per share 30k
(iii) Par value of each share N1.20
(iv) Market price per share N1.50

A. 20.00%
B. 25.00%
C. 31.33%
D. 39.17%

Correct Answer:

Option C – 31.33%