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Troy Inc., a very successful USC start-up, had 5 million shares outstanding at the end of 2018. During 2018, the company reported ROA of 16%,
Troy Inc., a very successful USC start-up, had 5 million shares outstanding at the end of 2018. During 2018, the company reported ROA of 16%, Equity Multiplier of 1.3x, ROE of 20%, the addition to retained earnings was $12 million and dividends of $8 million were paid. What are Troy's EPS and payout ratios?
$ 4.00 and 40% | ||
$ 0.80 and 1.2X | ||
$ 5.00 and 40% | ||
$ 2.00 and 0.40 | ||
$ 4.00 and 60% |
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