Question: can someone help me with this question i got most of it wrong Dover River Company has current operating profit of $310,000 before taxes. Interest
Dover River Company has current operating profit of $310,000 before taxes. Interest expense is $18,000, dividends paid on preferred shares were $24,400, and common dividends paid of $45,000. The company paid taxes of $78,600. The company has 30,000 outstanding common shares. a. Calculate the EPS and common dividends per share. (Round the final answers to 2 decimal places.) Earnings per share Common dividends per share b. Calculate the payout ratio. (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Payout ratio [ 30] 0% c. Determine the increase in retained earnings for the year. Increase in retained earnings 162.000 d. If the share price is $25.20, calculate the price earnings (P/E) ratilo. (Do not round Intermed tte calculations. answer to 2 decimal places.) Price-earning ratio 3.65 times
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