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ClearView Investment Company reported the following data retrieved from last year's financial
statements (in millions of dollars): What was ClearView's total asset turnover ratio or TATO?
1.95 1.56 2.76 2.34 JSR Enterprises is trying to determine what amount will be paid as an annual
dividend to its stockholders. JSR's latest net income was $2 , 000 , 000 , and it had 332,000
shares outstanding. The company wants to pay out 45% of its income as dividends. What
dividend per share should it declare? $3.11 $2.71 $1.93 $2.25

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