Question: Based on the information given below on Harmony Incorporated calculate the following: Net Income; 2 ) Change to Retained Earnings; 3 ) EPS; 4 )

Based on the information given below on Harmony Incorporated calculate the following:
Net Income; 2) Change to Retained Earnings; 3) EPS; 4) Dividends Per Share; 5) Dividend Yield
EBIT
30,000,000
Interest expense
Tax
40%
Preferred shares outstanding&div 200,000($8 each)
Common shares outstanding
2,000,000
Dividend Payout ratio
50%
Current stock price
$40
Based on the information given below on Harmony Incorporated calculate the

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