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1. If a company paid dividend of $1.50/share and its payout ratio was .4, its eps must have been: 2. Linda's Lights balance sheet info
1. If a company paid dividend of $1.50/share and its payout ratio was .4, its eps must have been:
2.
Linda's Lights balance sheet info for the beginning of 2020:
Owners' Equity 27 million
Bank Loan 10 million, 4.5% interest rate
Fixed Assets 10 million
Inventory 23 million
Cash 4 million
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