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  3. 1- a company reported the following information:

1- A company reported the following information: Income Statement ...

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Question

Finance

1-

A company reported the following information:

Income Statement

Year Ended December 31,

20X1

20X2

Net income

960

1,536

Number of shares outstanding

8

8

Based on this information, what was this companys earnings per share in 20X2? Your final answer must be in dollars and entered without the dollar sign.

2-

Today, a company paid a $4 dividend per share. This company has stated that it will always increase its dividend by 40 cents every year and make dividend payments in annual increments. Based on this information, what will be this companys dividend per share in 10 years? Your final answer must be in dollars and entered without the dollar sign.

Please respond to both

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