Answer the following questions and show the calculation steps: 1- Disney's net income from 2019 was 15 billion dollars, they paid 2 billion dollars in dividend to shareholders throughout the year. Disney Corp has 4 billion shares outstanding. Calculate the Earnings Per Share. 2- ABC Corporation has recently reported a net income of $20,000 for the year. In parallel ABC Corporation declared and issued $5,000 of dividends to its shareholders. a) Calculate ABC Corporation's dividend payout ratio. b) What is the rest or the remaining net income is used for by the company? 3- Calculate the ratio of market to book value of Warner Brothers' share. Do you think the Warner Brother stocks are overvalued or undervalued? Why? Kindly support your answer with valid arguments.