The following financial information is available for Longmire Lumber Ltd. as at December 31 (in…

The following financial information is available for Longmire Lumber Ltd. as at December 31 (in…

The following financial information is available for Longmire Lumber Ltd. as at December 31 (in thousands, except for per share amounts): Instructions (a) Calculate the earnings per share, price-earnings ratio, and payout ratio for the common shareholders for each of the three years. (b) Using the information in part (a), comment on Longmire s earnings performance and dividend record.

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