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Solution Problem 18-15 Instructions Enter formulas to complete the requirements of th Information Retum on investment Funds to invest or pay out Eamings Shares outstanding

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Solution Problem 18-15 Instructions Enter formulas to complete the requirements of th Information Retum on investment Funds to invest or pay out Eamings Shares outstanding P/E Retained Earnings Incremental eamings Eamings per share Price of stock Payout Earnings New P/E Eamings per share Price of stock 15% $300,000 $500,000 250,000 20 FORMULA FORMULA FORMULA Which plan will maximize the market value of the stock

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