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Problem 2-7. The Continuity Corporation The following information was available for the Continuity Corporation on April 31, 2021: 63 Earnings Per Share Dividend Yield (%)

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Problem 2-7. The Continuity Corporation The following information was available for the Continuity Corporation on April 31, 2021: 63 Earnings Per Share Dividend Yield (%) Common Shares outstanding Price Earnings Ratio 7 900 1 Required 1. Compute Net Income. 2. Compute the Market Value of the Firm 3. Compute Dividends per Share. 4. Compute the total amount of dividends. 5. Compute the Dividend Payout Ratio (rounded to 2 decimal places). Upon completion, enter your answers below: Net Income Market Value of Firm Dividends per Share (round to 2 decimal places): Total Amount of Dividends: Dividend Payout Ratio % 12 decimal places)

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