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Aouad Inc. reports the following information for the year 2019: Earnings before Interest & Taxes $200,000 Total Liabilities $800,000, out of which $200,000 for Accounts
Aouad Inc. reports the following information for the year 2019: Earnings before Interest & Taxes $200,000 Total Liabilities $800,000, out of which $200,000 for Accounts Payable and Accruals Average Tax Rate 20% Interest Rate 10% Preferred Stocks (5%, $100 par, 5,000 shares issued) 200,000 shares of Common Stocks outstanding Retention Ratio of 40% Calculate the firm's dividend per share. Select one or more: a. $0.261 per share O b. None of the choices. c. $0.174 per share. O d. $0.336 per share
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