Question: I don't understand, please help solve required 3 and 4. During the year, Ducat Company reported net income of ( $ 12,080 ), and its

I don't understand, please help solve required 3 and 4.
During the year, Ducat Company reported net income of \\( \\$ 12,080 \\), and its retained earning increased by \\( \\$ 4,000 \\) at the year end. Ducat Company has 2,000 outstanding shares and paid cash dividend of \\( \\$ 2,005 \\) 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
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
