Residual Dividend Policy Worthington AG has declared an annual dividend of 1.50 Swiss Francs (SFr) per share.
Question:
Residual Dividend Policy Worthington AG has declared an annual dividend of 1.50 Swiss Francs (SFr) per share.
For the year just ended, earnings were SFr14 per share.
What is Worthington’s payout ratio? Suppose Worthington has 12 million shares outstanding.
Borrowing for the coming year is planned at SFr25 million. What are planned investment outlays assuming a residual dividend policy? Determine the D/E ratio.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answered By
Vaibhav Chaun
I tutored mostly elementary school students privately after school and during the summer. We met in their homes or at the public library. I charged an hourly fee, and I provided any necessary materials.
Having taught in special education in two local schools for many years meant that I had contact with a lot of parents of special needs students. I never had to advertise — word of mouth was how most folks knew of me. At one point I did have a website, but didn't utilize it much. I stayed very busy, especially in the summers, and always had a full schedule. I typically met with each student's teacher in order to get an idea of what the focus of my instruction/remediation should be. Becoming familiar with the student's learning style(s) was also very helpful. Often parents would share records and test results with me. After each tutoring session, I documented the student’s progress and gave parents written updates, as well as phone calls or emails as needed.
0 Reviews
10+ Question Solved
Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9780077178239
3rd Edition
Authors: David Hillier, Iain Clacher, Stephen A. Ross
Question Posted:
