Calculate the eps and the common dividends per share

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Question - Dog River Company has an operating profit of $230,000. Interest expense for the year was $24,000; preferred dividends paid were $29000; and common dividends paid were $59,000. The tax was $51,600. The Dog River Company has 49,000 shares of common stock outstanding.

a. Calculate the EPS and the common dividends per share for Dog River Company.

b. What is the payout ratio?

c. What was the increase in retained earnings for the year?

d. If Dog's share price is $76.00 what is its price-earnings ratio (PIE)?

Reference no: EM133104695

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