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Republic Company has the following financial reports: REPUBLIC COMPANY Balance Sheet December 31, 2020 REPUBLIC COMPANY Income Statement For the Year Ended December 31, 2020 REPUBLIC COMPANY Statement of Retained Earnings For the Year Ended December 31, 2020 Retained earnings, January Add: Net income Subtotal Less: Dividends paid Preferred stock Common stock Retained earnings, December 31 \begin{tabular}{rr} $\$ 2,600,000$ \\ $2,000,000$ \\ \hline $4,600,000$ \end{tabular} $\$ 240,000$ 360,000 600,000 Required: (Solutions/Answers must be handwritten.) a. Fill in the 2020 column ( $4^{\text {th }}$ column) in the table that follows. Assume that beginning balances and ending balances of specific assets are the same. Share price for the common stock was $\$ 270$ at year-end of $\mathbf{2 0 2 0}$ and book value per share was $\$ 300$. Present the formula and computation for each ratio.

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