Question: can anyone answer this question? Tuffet Corp has an operating profit of $250,000. Interest expense for the year was $28.000 preferred dividends paid were 530,000
Tuffet Corp has an operating profit of $250,000. Interest expense for the year was $28.000 preferred dividends paid were 530,000 and common dividends paid were $61.000 The tax was $52,000. The Tuffet Corp has 41,000 shares of common stock outstanding a. Calculate the EPS and the common dividends per share for Tuffet Corp. (Round the final answers to 2 decimal places EPS Common dividends per share $ $ b. What is the payout ratio? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Payout ratio c. What was the increase in retained earnings for the year? Increase in retained earnings d. If Tuffet's share price is $80.00 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
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