During the year, Ducat Company reported net income of $13,680, and its retained earning increased by...
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During the year, Ducat Company reported net income of $13,680, and its retained earning increased by $4,000 at the year end. Ducat Company has 2,000 outstanding shares and paid cash dividend of $2,105 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? $ 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: During the year, Ducat Company reported net income of $13,680, and its retained earning increased by $4,000 at the year end. Ducat Company has 2,000 outstanding shares and paid cash dividend of $2,105 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? $ 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:
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Required 1 To calculate the earnings per share EPS at the year end we need to divide the net income ... View the full answer
Related Book For
Financial Accounting
ISBN: 978-1259222139
9th edition
Authors: Robert Libby, Patricia Libby, Frank Hodge
Posted Date:
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