=+EX 15-30 Dividend yield a. Dec. 29, 2006, 1.24% eBay Inc. developed a Web-based marketplace at

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=+EX 15-30 Dividend yield

a. Dec. 29, 2006, 1.24%

eBay Inc. developed a Web-based marketplace at http://www.ebay.com, in which individuals can buy and sell a variety of items. eBay also acquired PayPal, an online payments system that allows businesses and individuals to send and receive online payments securely. In a recent annual report, eBay published the following dividend policy:

We have never paid cash dividends on our stock and currently anticipate that we will continue to retain any future earnings for the foreseeable future.

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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