The Bubba Corporation has 900,000 outstanding shares and holds 100,000 shares as treasury stock. At the end of the third quarter $450,000 is distributed as a dividend on the common. How much is the dividend per share?
A) $0.05
B) $0.45
C) $0.50
D) None of the above
Correct Answer:
Verified
Q2: In mid-September, Bubba sells one XYZ February
Q3: In June, Bubba bought 100 shares of
Q4: Which of the following is an acceptable
Q5: Which of the following is the least
Q6: Bubba is a registered representative who wishes
Q7: Under the Investment Company Act of 1940,
Q8: Which of the following preferred issues is
Q9: A mutual fund characterized by a modest
Q10: Bubba owns 200 shares of XYZ at
Q11: The Bubba Insurance Company is not incorporated.
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