ch13 question 3 please answer all parts

Part 11 Pos Save ip * (Alternative dividend policies) Finat warnings estimates for the Smurfield Meat Packing Company have been prepared for the CFO of the company and now in the following table. The firm has 7,300,000 shares of common stock outstanding. As distant to the cho you are had to determine the yeary de pe Share to be paid depending on the following possible policies a. A stable dollar dividend targeted at 40 percent of earnings over a year period b. A small regular dividend of 0.60 per shato plus a year-end extra when the profits in any year exceed $20,000,000 The year-end contra didend will run 50 percent of profits exceeding $20,000,000 C. A constant dividend payout ratio of 40 percent a. What is the yearly dividend per share to be paid depending on a stable dollar dividend targeted M40 percent of eamings for years through B? per share (Round to the nearest cent) Question View Clear all Check answer TAT PM 428/2022 a 60F MI (Click on the following icon in order to copy its contents into a spreadsheet.) tra divic YEAR N 1 2 3 4 5 PROFITS AFTER TAXES $18,000,000 21,000,000 19,000,000 23,000,000 25,000,000 - throug Print Done