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Need assistance with this problem! Current Attempt in Progress OCloud Corporation's suite of software products and services provides secure and scalable solutions for global companies.
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Current Attempt in Progress OCloud Corporation's suite of software products and services provides secure and scalable solutions for global companies. The following is an extract from the company's 2020 and 2019 comparative income statements and statement of financial position. The market price of OCloud's common shares was $41.14 and $37.90 on June 30,2020 , and June 30,2019 , respectively. OCloud declared dividends per common share of $0.477 and $0.419 for 2020 and 2019 , respectively. "There are income taxes that do not appear in the list, that would reduce net income. Calculate the return on shareholders' equity for OCloud in 2020. Note that OCloud's articles of incorporation authorize only common shares. The average return for the shares listed on the Toronto Stock Exchange in a comparable period was 19.8% (Round answer to 1 decimal place, eg. 15.2\%.) Return on shareholder's equity % eTextbook and Media Attempts: 0 of 3 used Question Part Score Part 2 Calculate earnings per share for the years 2020 and 2019. (Round answers to 2 decimal places, eg. 15.27.) Calculate the dividend payout ratio and the dividend yield for 2020 and 2019. (Round answers to 1 decimal place, eg. 15.2\%.) eTextbook and MediaStep by Step Solution
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