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Mathematics, 14.07.2019 14:30 joemoe15jr

Acompany that has 350000 shares declares an annual gross profit of $2450665, pays 18.5% of this in tax, and reinvests 25% of the net profit. a) what is the dividend per share payable to the shareholders? b) what is the price-to-earnings ratio of the current share price is $43.36?

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