8. If a company paid dividend of $1.50/share and its payout ratio was .4, its eps must have been:

• 6

• 5.5

• 3.75

• 0.0375

19. Due to the emergence of the delta variant of the coronova, Carls Carpet Cleaning, a national chain with publicly traded shares, just received cancelation notices covering a third of its orders for the end-summer cleanup season. Which of the following likely declines now for Carls?

• Book Value

• Market value

• Leverage ratio

• Profits tax rate

• Balance sheet cash