(a(i))[1]
Using two decimal places, calculate the dividend per share in 2024.
(a(ii))[1]
Calculate, to two decimal places, the dividend cover in 2024.
(a(iii))[2]
Calculate, to two decimal places, the gearing at 31 December 2024.
(b)[2]
Calculate the expected annual profit from operations if the investment in new non-current assets takes place.
(c)[14]
Calculate, to two decimal places, the dividend cover in 2025 and the gearing ratio at 31 December 2025 for each option.
(d)[5]
Assess whether the directors were right to choose Option 1. Justify your answer.