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Bookmarks@ Homepage-MCM. D My Weekly Schedule 3 Coinbase Khan Academy|F Yaho David's Magic Stores has an operating David's Magic Stores has 19,000 shares of common

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Bookmarks@ Homepage-MCM. D My Weekly Schedule 3 Coinbase Khan Academy|F Yaho David's Magic Stores has an operating David's Magic Stores has 19,000 shares of common stock outstanding a Calculate the EPS and the common dividends per share for David's Magic Stores. (Round the final profit of $270.000 Interest expense for the year was $24.000 were $31,000, and common dividends paid were $49,000. The tax was $52,400 answers to 2 decimal places.) EPS Common dividends per share b. What is the payout ratio? (Do not round intermediate calculations. Round the final answer to2 decimal places) c. What was the increase in retained eamings for the year? Increase in retained eamings d. If David's share price is $84.00 what is its price-eamings ratio (P/E)? (Do not round intermediate calculations. Round the final answer to 2 decimal places References Book & Resources Problem 2-9 Leaming Objective 02-01 18 30 p 88 esc oob a Fs F2 F4

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