RAMO Co. has net income for this year of $80,000 and it pays out dividend for 30%.

The company has 25,000 shares outstanding, and its shares are currently selling at $60/share.

RAMO is considering 3-for-2 stock split.

Required: Use the above give to answer questions 15 through 20

15- The current dividend per share of RAMO is: *

$0.96/ share

$3.01/share

$1.04/share

$3.20/share

None of the above

16- The current earnings per share of RAMO is: *

$0.96/ share

$3.01/share

$1.04/share

$2.20/share

None of the above

17- Following the split, the dividend per share of RAMO is: *

$0.32/share

$0.48/share

$0.64/share

$0.52/share

None of the above

18- Following the split, the earnings per share of RAMO is: *

$1.07/share

$1.60/share

$2.13/share

$2.55/share

None of the above

19- Assume that after making a specific split the companys price per share turned to be traded at $16, then how the number of shares will change compared to the number of shares before the split: *

Increase 93,750 shares

Increase 400,000 shares

Increase 68,750 shares

Increase 375,000 shares

None of the above

20- Assume that after making a specific split the companys EPS turned to be $1.6, then how much will be the total dividends that the company will pay after the stock split. *

$48,000

$24,000

$12,000

Can't be determined

None of the above