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Condensed balance sheet and income statement data for Flounder Corporation are presented here. Additional information: The market price of Flounder's common stock was $7.00, $7.50,
Condensed balance sheet and income statement data for Flounder Corporation are presented here. Additional information: The market price of Flounder's common stock was $7.00, $7.50, and $8.50 for 2015, 2016, and 2017 respectively. You must compute dividends paid. All dividends were paid in cash (a) Compute the following ratios for 2016 and 2017
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