Question 5 Not yet answered Marked out of 3.00 Flag question A corporation had year end 2018 and 2019 retained earnings balances of $120,000 and $225,000, respectively. In 2019 the firm paid $90,000 in dividends, in which $60,000 of them are common share dividends. If the firm is subject to a 35% tax rate, how much is the Net profits before taxes in 2019? Select one: O a $400,000 O b. $300,000 O c. $450,000 O d. $500,000 O e. $350,000 Question 6 Not yet answered Last year, XYZ Company paid a dividend of $1.95. It expects zero growth in the next year. In years 2 and 3,3% growth is expected, and in year 4,6% growth. In year 5 and thereafter, growth should be a constant 5% per year. What is the maximum price per share that an investor who requires a return of 14% should pay for XYZ common stock? Morked out of question Select one a $22.51 b. $26.76 c. $24.33 Od S2110 e $20.32