Question

Using the information provided in the exhibits, determine SalesPro's earnings per share, dividend payout ratio, and dividend yield ratio. Enter the appropriate amounts in the associated cells. Express ratios as a percentage. Round all amounts to the nearest hundredth. Item Answer 1. Earnings per share $0.32 2. Dividend payout ratio 0.15 3. Dividend yield ratio

Answer 1

Earnings per share $0.32

Dividend payout ratio 0.15

Dividend Yield ratio 0.08

Step-by-step explanation:

Earning per share for the Sales Pro is 0.32, the earning per share is calculated by dividing net income from the number of shares outstanding. The number of shares outstanding are 200,000 and net income is $64,000.

EPS = $64,000 / 200,000 = $0.32 per share