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Dog River Company has an operating profit of $ 2 5 4 , 5 0 0 . Interest expense for the year was $ 2
Dog River Company has an operating profit of $ Interest expense for the year was $; preferred dividends paid were
$; and common dividends paid were $ The tax was $ The Dog River Company has shares of common
stock outstanding.
a Calculate the EPS and the common dividends per share for Dog River Company. Round the final answers to decimal places.
b What is the payout ratio? Do not round intermediate calculations. Round the final answer to the nearest whole number.
Payout ratio
c What was the increase in retained earnings for the year?
Increase in retained earnings
d If Dog's share price is $ what is its priceearnings ratio Do not round intermediate calculations. Round the final
answer to decimal places.
Price earning ratio
times
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