Helmuth Inc's latest net income was $1,410,000,and it had 225,000 shares outstanding.The company wants to pay out 45% of its income.What dividend per share should it declare? Do not round your intermediate calculations.
A) $3.13
B) $2.96
C) $2.37
D) $2.45
E) $2.82

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The Answer of Helmuth Inc's latest net income was $1,410,000,and it had 225,000 shares outstanding.The company wants to pay out 45% of its income.What dividend per share should it declare? Do not round your intermediate calculations.
A) $3.13
B) $2.96
C) $2.37
D) $2.45
E) $2.82

Helmuth Inc's Latest Net Income Was $1,410,000,and It Had 225,000