Compute the earnings per share of jacobs

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Jacobs Corporation earned $1 million after tax. The firm has 1 million shares of common stock outstanding. Round your answers to the nearest cent.

1. Compute the earnings per share of Jacobs. $

2. If Jacobs' dividend policyr calls for a 30 percent payout ratio, what are the dividends per share? $

Reference no: EM133305575

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