Helmuth Inc's latest net income was $1,500,000,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) $3.24
B) $2.31
C) $3.21
D) $2.28
E) $3.00
Correct Answer:
Verified
Q86: Hoagland Corp's stock price at the end
Q87: Safeco's current assets total to $20 million
Q88: Companies HD and LD have the same
Q89: Han Corp's sales last year were $440,000,and
Q90: Ryngard Corp's sales last year were $43,000,and
Q92: Beranek Corp has $855,000 of assets (which
Q93: Song Corp's stock price at the end
Q94: Garcia Industries has sales of $187,500 and
Q95: Which of the following statements is CORRECT?
A)
Q96: Meyer Inc's total invested capital is $610,000,and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents