Multiple Choice
Bence and Bentham plc's statement of profit or loss for the year ended 30 April 20X8 included the following information: The total dividend paid during the financial year was £3 000 000.The number of shares in issue throughout the year was 30 million £1 ordinary shares.The company's price/earnings ratio was 12.8.
What was the price of one ordinary share on 30 April 20X8 in pence (to one decimal place) ?
A) 812.5p
B) 44.7p
C) 571.8p
D) 100p
Correct Answer:

Verified
Correct Answer:
Verified
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