Helmuth Inc's latest net income was $1,075,000,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) $1.85
B) $1.66
C) $1.72
D) $1.81
E) $2.15

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The Answer of Helmuth Inc's latest net income was $1,075,000,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) $1.85
B) $1.66
C) $1.72
D) $1.81
E) $2.15

Helmuth Inc's Latest Net Income Was $1,075,000,and It Had 225,000