Use the information below to answer question 23 and 24.

At the end of the current

financial year, Protea Ltd reported earnings per share (EPS) of R1.20 and sales

of R50 per share. The company has an asset turnover ratio of 2 and a

debt-to-equity ratio of 3.  Furthermore, it

paid dividends of R0.30 per share. Based on this information, t