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The following table provides forecasted earnings and dividends per share for HardRock Manufacturing Inc. from 2001 to 2005 . Beyond the forecasted period, the residual

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The following table provides forecasted earnings and dividends per share for HardRock Manufacturing Inc. from 2001 to 2005 . Beyond the forecasted period, the residual earnings are expected to remain constant indefinitely. If the current required rate of return is 10%, calculate the following for each year from 2001-2005: a)Bookvaluepershare;b)ReturnofCapitalEmployed(ROCE);c)Residualearnings.d)Calculatethevaluepershareattheendof2000.(2marks)(2marks)(2marks)(7marks)

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