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(Solved): Please correct the below question for me. During the year, Ducat Company reported net income of $1 ...



Please correct the below question for me. During the year, Ducat Company reported net income of $19,760, and its retained earning increased by $4,000 at the year end. Ducat Company has 2,000 outstanding shares and paid cash dividend of $2,485 during the year. Ducat Company currently traded on TSX at $20.00 per share. Required 1: How much is the earnings per share at the year end? $9.88 Required 2: Ducat Company's Price to Earnings ratio is: 2.02 Required 3: Ducat Company's Dividend Payout ratio is: 12.57 (incorrect) Required 4: Ducat Company's Dividend Yield is: 6.21 (incorrect)



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