Crowdly
Add to Chrome
The average ROE for Rich Limited over the last business cycle was 30%. Rich’s e...
✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
The average ROE for Rich Limited over the last business cycle was 30%. Rich’s earnings per share for 2024 is expected to be R6.80. The dividend payout ratio is 60%, and the current book value per share is R75. Shares are trading in the market at R67. Rich’s normalised earnings per share are closest
100%
0%
0%