During the year, Ducat Company reported net income of $16,880, and its retained earning increased by $4,000 at the year end. Ducat Company has 2,000 outstanding shares and paid cash dividend of $2,305 during the year. Ducat Company currently traded on TSX at $20.00 per share. Required 1: How much is the earnings per share at the year end? $ 8.44 2.37 Required 2: Ducat Company's Price to Earnings ratio is: Required 3: Ducat Company's Dividend Payout ratio is: Required 4: Ducat Company's Dividend Yield is: 13.65 5.76 ×
During the year, Ducat Company reported net income of $16,880, and its retained earning increased by $4,000 at the year end. Ducat Company has 2,000 outstanding shares and paid cash dividend of $2,305 during the year. Ducat Company currently traded on TSX at $20.00 per share. Required 1: How much is the earnings per share at the year end? $ 8.44 2.37 Required 2: Ducat Company's Price to Earnings ratio is: Required 3: Ducat Company's Dividend Payout ratio is: Required 4: Ducat Company's Dividend Yield is: 13.65 5.76 ×
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
answer must be correct or i will give downn vote
Transcribed Image Text:During the year, Ducat Company reported net income of $16,880, and its retained earning increased by $4,000 at the year end. Ducat
Company has 2,000 outstanding shares and paid cash dividend of $2,305 during the year. Ducat Company currently traded on TSX at
$20.00 per share.
Required 1: How much is the earnings per share at the year end? $ 8.44
2.37
Required 2: Ducat Company's Price to Earnings ratio is:
Required 3: Ducat Company's Dividend Payout ratio is:
Required 4: Ducat Company's Dividend Yield is:
13.65
5.76
×
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