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Tubular Steel has 1 million shares issued that have a market price of $5.00 each.After-tax profits are $350,000 and the dividend paid is 25 cents

Tubular Steel has 1 million shares issued that have a market price of $5.00 each.After-tax profits are $350,000 and the dividend paid is 25 cents per share.

Select one:

a.All of the above

b.Price/earnings ration is 14.3

c.Earnings per share are 35 cents

d.Dividend payout ratio is 71.4%

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