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Dog River Company has an operating profit of $259.000 Interest expense for the year was $21.600 preferred dividends paid were $23.650, and common dividends paid were $58 800 The tax was $45.750 The Dog River Company has 40,000 shares of common stock outstanding a. Calculate the EPS and the common dividends per share for Dog River Company (Round the final answers to 2 decimal places.) b. What is the payout ratio? (Do not round intermediate calculations. Round the final answer to the nearest whole number.) c. What was the increase in retained earnings for the year? d. If Dog's share price is $63.00 what is its price-earnings ratio (P/E)? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Price earning ratio (times) 35 +0.2

Dog River Company has an operating profit of $259.000 Interest expense for the year was $21.600 preferred dividends paid were $23.650, and common dividends paid were $58 800 The tax was $45.750 The Dog River Company has 40,000 shares of common stock outstanding a. Calculate the EPS and the common dividends per share for Dog River Company (Round the final answers to 2 decimal places.) b. What is the payout ratio? (Do not round intermediate calculations. Round the final answer to the nearest whole number.) c. What was the increase in retained earnings for the year? d. If Dog's share price is $63.00 what is its price-earnings ratio (P/E)? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Price earning ratio (times) 35 +0.2

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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7) Dog River Company has an operating profit of $259.000 Interest expense for the year was $21.600 preferred dividends paid were $23.650, and common dividends paid were $58,800 The tax was $45.750 The Dog River Company has 40,000 shares of common stock outstanding a. Calculate the EPS and the common dividends per share for Dog River Company (Round the final answers to 2 decimal places.) b. What is the payout ratio? (Do not round intermediate calculations. Round the final answer to the nearest whole number.) c. What was the increase in retained earnings for the year? d. If Dog's share price is $63.00 what is its price-earnings ratio (P/E)? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Price earning ratio (times) Payout ratio % Choose... Common dividends per share 1.47 + 0.01 : EPS Choose... Increase in retained earnings $109,200 35 ± 0.2 ÷
Transcribed Image Text:7) Dog River Company has an operating profit of $259.000 Interest expense for the year was $21.600 preferred dividends paid were $23.650, and common dividends paid were $58,800 The tax was $45.750 The Dog River Company has 40,000 shares of common stock outstanding a. Calculate the EPS and the common dividends per share for Dog River Company (Round the final answers to 2 decimal places.) b. What is the payout ratio? (Do not round intermediate calculations. Round the final answer to the nearest whole number.) c. What was the increase in retained earnings for the year? d. If Dog's share price is $63.00 what is its price-earnings ratio (P/E)? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Price earning ratio (times) Payout ratio % Choose... Common dividends per share 1.47 + 0.01 : EPS Choose... Increase in retained earnings $109,200 35 ± 0.2 ÷
Dog River Company has an operating profit of $259.000 Interest expense for the year was $21.600 preferred dividends paid were $23,650; and common dividends paid were $58.800 The tax was $45.750 The Dog River Company has 40,000 shares of common stock outstanding a. Calculate the EPS and the common dividends per share for Dog River Company (Round the final answers to 2 decimal places.) b. What is the payout ratio? (Do not round intermediate calculations. Round the final answer to the nearest whole number.) c. What was the increase in retained earnings for the year? d. If Dog's share price is $63.00 what is its price-earnings ratio (P/E)? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Price earning ratio (times) $109,200 Payout ratio % Choose... Common dividends per share 1,47 ± 0.01 Choose... Increase in retained earnings Choose.... EPS A-alinland Fisheries Corp. anticipator post ÷
Transcribed Image Text:Dog River Company has an operating profit of $259.000 Interest expense for the year was $21.600 preferred dividends paid were $23,650; and common dividends paid were $58.800 The tax was $45.750 The Dog River Company has 40,000 shares of common stock outstanding a. Calculate the EPS and the common dividends per share for Dog River Company (Round the final answers to 2 decimal places.) b. What is the payout ratio? (Do not round intermediate calculations. Round the final answer to the nearest whole number.) c. What was the increase in retained earnings for the year? d. If Dog's share price is $63.00 what is its price-earnings ratio (P/E)? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Price earning ratio (times) $109,200 Payout ratio % Choose... Common dividends per share 1,47 ± 0.01 Choose... Increase in retained earnings Choose.... EPS A-alinland Fisheries Corp. anticipator post ÷
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