PLEASE ANSWER QUESTIONS A, B, AND C

A-

According to the constant dividend payout ratio policy,

Group of answer choices

a dividend is the residual above the payout ratio.

earnings remaining after preferred stock dividends have been paid should be paid to common stockholders.

dividend payments are a fixed percentage of earnings per share.

dividends should be paid only after all investment financing needs have been met.

dividends are set at a constant percentage of the value of the common stock.

B - Kiwi Airlines has fixed operating costs of $3 million, and its variable costs amount to 24 percent of sales revenue. The firm has $2 million in bonds outstanding with a coupon interest rate of 8 percent. Revenues for the firm are $9 million and the firm is in the 21 percent corporate income tax bracket. What is the firm's degree of operating leverage? SET YOUR CALCULATOR TO 4 DECIMAL PLACES. ROUND TO 2 DECIMAL PLACES AT THE END. FOR EXAMPLE, IF YOUR ANSWER IS 9.4567, ENTER IT AS 9.46.

C - Kiwi Airlines is offering a 10% stock dividend. The firm currently has 200,000 shares outstanding and after-tax profits of $800,000. The current price of the stock is $48. What will be the firm's earnings per share after the stock dividend?