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Dog River Company has an operating profit of $295,000. Interest expense for the year was $24,000, preferred dividends paid were $24,450, and common dividends paid

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Dog River Company has an operating profit of $295,000. Interest expense for the year was $24,000, preferred dividends paid were $24,450, and common dividends paid were $64,000. The tax was $46,550. The Dog River Company has 40,000 shares of common stock outstanding. 0. Calculate the EPS and the common dividends per share for Dog River Company. (Round the finol answers to 2 decimal ploces.) b. What is the payout ratio? (Do not round intermediote colculotions. Round the final onswer 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 $65.00 what is its price-earnings ratio (P/E)? (Do not round intermediate calculotions, Round the finol onswer to 2 decimal places.) Price eaming ratio times

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