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Use the following information on Sipho Limited to answer question 16. An an...

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Use the

following information on Sipho Limited to answer question 16.

An analyst researching Sipho Limited has determine

that the firm has:

·    

Dividend payout ratio                          55%

·  

Return on equity                                  15.01%

·  

Earnings per share                              R3.20

·  

Sales per share                                   R180

·    

Expected growth rate                       4.20%

·  

Shareholders’ required return             13%

 

Calculate the firm’s

P/S ratio based on the above fundamentals.

0%
0%
0%
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