QUESTION 2

Helmuth Inc's latest net income was $1,100,000, and it had 1,500,000 shares outstanding. The company wants to pay out 65% of its income. What dividend per share should it declare? Do not round your intermediate calculations. Round final answer two decimal places . Show work

QUESTION 3

If a firm's profit margin is 15%, total assets turnover is 1.57, and its debt-to-assets ratio (i.e. liabilities-to-assets) is 0.4, what is the firm's ROE? Round final answer two decimal places. Show work.

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