Essay
Financial statements for Cancun Corporation are presented below.
Note: Dividends of $0.60 per share were declared and paid during 2010. The market price of the stock on December 31, 2010 was $18.00 per share.
Compute the following for 2010 and place your answers in the spaces provided. Round answers to two decimal places. Show your work.
Correct Answer:

Verified
Correct Answer:
Verified
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