Multiple Choice Questions

Earnings per share of NGN = 80c per share. Price/earnings ratio of KFP Co = 8. Share price of NGN = 80 x 8 = 640c or $6·40. Number of ordinary shares of NGN = 5/0·5 = 10 million shares. Value of NGN = 6·40 x 10m = $64 million [2 marks] ................
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