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#2 ABC Company had $280,000 in retained earnings on December 31, 2020. They paid dividends of $90,000 in 2020 and had retained earnings of $200,000
#2 ABC Company had $280,000 in retained earnings on December 31, 2020. They paid dividends of $90,000 in 2020 and had retained earnings of $200,000 on December 31, 2019. a) How much did ABC earn during 2020? b) What would EPS be if there were 30,000 common shares outstanding? c) What is the payout ratio? 2 of 2 313 words English (Canada) Focus Th + 100% c) What is the payout ratio? d) If ABC's current market value is $18 per share, what is its P/E ratio? www w
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