Question 27 (3.03 points) Montgomery Inc.'s latest net income was $1,250,000, and it had 225,000 shares outstanding. The company wants to pay out 45% of its income. What dividend per share should it declare? 1) $2.50 2) $3.80 3) $4.00 4) $1.90 Question 29 (3.03 points) During the latest year, Marin Corp. had sales of $300,000 and a net income of $20,000, and its year-end assets were $200,000. The firm's total debt to total assets ratio was 40%. Based on the Du Pont equation, what was the firm's ROE? 1) 15.33% 2) 16.05% 3) 14.89% 4) 16.67%