Blue Moon Limited's Balance Sheet on December 31, 2014, Showed

Blue Moon Limited's balance sheet on December 31, 2014, showed the following account balances: $$\begin{array} { l r } \text { Cash } & \$ 30,000 \\\text { Other current assets } & 70,000 \\\text { Capital assets (net) } & 200,000 \\\text { Other assets } & 100,000 \\\text { Current liabilities } & 90,000 \\\text { Long-term liabilities } & 170,000 \\\text { Share capital - common shares, } 50,000 \text { outstanding } & 100,000 \\\text { Retained earnings } & 40,000\end{array}$$ Required:
A) What is the absolute maximum amount of cash dividends that can be paid immediately?
B) If they were able to borrow money to pay a dividend, what is the maximum amount of cash dividend they could pay?
C) What is the book value per share?
D) Assume that the company declares and pays a $10,000 cash dividend, prepare the journal entries on i) the date of declaration, ii) the payment date.
E) Assume that the company earned $25,000 during 2014 and paid the $10,000 dividend.Calculate their i) ROE
and ii) EPS.