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