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Es) Dog River Inc has an operating profit of $100,000 (EBIT). Interest expense is $5,000, ds declared (and paid) were $30,000 (all to common shares).

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Es) Dog River Inc has an operating profit of $100,000 (EBIT). Interest expense is $5,000, ds declared (and paid) were $30,000 (all to common shares). Income Taxes are $10,000. a) Compute EPS (assume there are 50,000 common shares outstanding). b) Compute payout ratio. c) Determine net increase to Retained Earnings for the period

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