Question $4$

The condensed income statements ABC Corporation, a British retail chain

namely for the year $2020,2021$ and $2022$ are presented below.

You are interested in analyzing the past trends in dividends paid by this

company from the USD perspective.

The company payout ratio has an average of $40\%($ratio of dividends paid to

reported earnings$).$

Foreign exchange rates are:

Required:

Prepare the trend analysis for ABC Corporation for the year $2021$ and $2022($show all your computation$).$