The newspaper reported last week that the lowery enterprise


The newspaper reported last week that the Lowery Enterprise earned a net income of $30 million last year. The report also stated that the firm's total equity was $200 million. Lowery Enterprise retains 40% of its net income.

  1. What is the ROE for Lowery Enterprise?   
  2. What is the firm's earning growth?   
  3. What is the Dividend payout ratio?
  4. Lowery Enterprise has 10 million shares outstanding. What should be the dividend per share for the last year?

 

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Finance Basics: The newspaper reported last week that the lowery enterprise
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