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Elite Trailer Parks has an operating profit of $275,000. Interest expense for the year was $37,900; preferred dividends paid were $29,100; and common dividends paid

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Elite Trailer Parks has an operating profit of $275,000. Interest expense for the year was $37,900; preferred dividends paid were $29,100; and common dividends paid were $41,500. The tax was $67,700. The firm has 16,400 shares of common stock outstanding. a. Calculate the earnings per share and the common dividends per share for Elite Trailer Parks. (Round your answers to 2 decimal places.) Earnings per share Common dividends per share b. What was the increase in retained earnings for the year? Increase in retained earnings Using the Du Pont method, evaluate the effects of the following relationships for the Butters Corporation. a. Butters Corporation has a profit margin of 3.5 percent and its return on assets (investment) is 12.75 percent. What is its assets turnover? (Round your answer to 2 decimal places.) Assets turnover ratio times b. If the Butters Corporation has a debt-to-total-assets ratio of 75.00 percent, what would the firm's return on equity be? (Input your answer as a percent rounded to 2 decimal places.) Return on equity c. What would happen to return on equity if the debt-to-total-assets ratio decreased to 70.00 percent? (Input your answer as a percent rounded to 2 decimal places.) Return on equity

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