Question: May you please help with a, b, and c SECTION D Question D-1 Accounting Review Solar Conditions Ltd. had $1,000,000 of retained earnings on December

May you please help with a, b, and c SECTION D

May you please help with a, b, and c

SECTION D Question D-1 Accounting Review Solar Conditions Ltd. had $1,000,000 of retained earnings on December 31, 2020. The company paid dividends of $50,000 in 2020 and had retained earnings of $850,000 on December 31, 2019. a) How much did Solar Conditions earn during 2020? b) What would earnings per share be if 50,000 shares of common stock are outstanding? c) If Solar Conditions' share price is $30.00 what is the P/E (price earnings) ratio? A. Parsons Fall 2020 16

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