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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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