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Selected financial information for Uncle Frank's is provided in the table below. Dividend per Share Target Payout Ratio Earnings per Share Adjustment Factor Selected Financial

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Selected financial information for Uncle Frank's is provided in the table below. Dividend per Share Target Payout Ratio Earnings per Share Adjustment Factor Selected Financial Information Uncle Frank's Adult Entertainment Inc. For Year 1 Round your answer to the nearest cent. $1.2 60% $2.00 0.098 Uncle Frank's Adult Entertainment Inc. sets its dividend using the target payout ratio policy. Uncle Frank is hoping to raise the dividend (next year) by $0.01 per share. What does EPS have to be next year to achieve that dividend increase

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