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Show your work in the first four questions. 1. Divine Decorators experienced the following in 2019: Revenue $2 million COGS $1.1 million Depreciation $100,000 Interest

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Show your work in the first four questions. 1. Divine Decorators experienced the following in 2019: Revenue $2 million COGS $1.1 million Depreciation $100,000 Interest $50,000 Tax 20% Spending on New Equipment $60,000 Purchase of Carpet Manufacturing Company Dividend payout 50% What were its Retained Earnings? 4 points $250,000 2. A company with a Book Value of $520,000,000 posted an ROE of 16%. If it has 23,100,000 shares outstanding, what is its earnings-per-share? 3 points

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